Amortization On A Balance Sheet

Amortization On A Balance Sheet - When a firm or a business buys an intangible asset, it must account for its depreciation on the balance sheet. Annual amortization expense reduces net income on the income statement, which also reduces retained earnings in the stockholders' equity.

Annual amortization expense reduces net income on the income statement, which also reduces retained earnings in the stockholders' equity. When a firm or a business buys an intangible asset, it must account for its depreciation on the balance sheet.

When a firm or a business buys an intangible asset, it must account for its depreciation on the balance sheet. Annual amortization expense reduces net income on the income statement, which also reduces retained earnings in the stockholders' equity.

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When A Firm Or A Business Buys An Intangible Asset, It Must Account For Its Depreciation On The Balance Sheet.

Annual amortization expense reduces net income on the income statement, which also reduces retained earnings in the stockholders' equity.

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