What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$

What is the conceptual difference between amortization and depreciation?

Amortization expenses record wear and tear on fixed assets in the current period and depreciation expenses are writtenoff intangible assets over their lives.

Depreciation expenses record wear and tear on fixed assets in the current period and amortization expenses are writtenoff intangible assets over their lives.

Amortization expense is not an actual economic charge, but depreciation expense is$.$

Depreciation expense is not an actual economic charge, but amortization expense is$.$