Accumulated amortization

/Accumulated amortization

Accumulated amortization

Accumulated amortization: The sum of prior amortization expense

  • Contra account: Appears as a negative number (credit) in the asset section of the balance sheet
  • Offsets intangible asset value recorded at cost, such as patents, trademarks, copyrights, franchise licenses, and goodwill

H_13F_Accumulated_amortization

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By | 2018-01-22T10:24:31+00:00 August 5th, 2015|0 Comments

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