Glossary entry (derived from question below)
Italian term or phrase:
scrittura Ammortamento a Fondo Ammortamento
English translation:
amortization/depreciation posting to the amortization/depreciation provision/fund
Added to glossary by
Cedric Randolph
Jun 21, 2011 08:59
12 yrs ago
4 viewers *
Italian term
scrittura Ammortamento a Fondo Ammortamento
Italian to English
Bus/Financial
Accounting
Question from a university entrance exam.
"Con la scrittura Ammortamento a Fondo Ammortamento si effettua un accantonamento:
2. (correct answer) per poste correttive."
"Con la scrittura Ammortamento a Fondo Ammortamento si effettua un accantonamento:
2. (correct answer) per poste correttive."
Change log
Jun 23, 2011 06:28: Cedric Randolph Created KOG entry
Proposed translations
21 hrs
Selected
amortization/depreciation posting to the amortization/depreciation provision/fund
In English "amortization" is used for intangible assets and "depreciation" is used for tangible assets both are considered "write downs"
see:
http://en.wikipedia.org/wiki/Amortization_(business)#Account...
http://en.wikipedia.org/wiki/Depreciation
http://en.wikipedia.org/wiki/Write_down
see:
http://en.wikipedia.org/wiki/Amortization_(business)#Account...
http://en.wikipedia.org/wiki/Depreciation
http://en.wikipedia.org/wiki/Write_down
3 KudoZ points awarded for this answer.
Comment: "Thank you :-)"
1 hr
entry containing a debit to depreciation expense (acc.) and a credit to accumulated depreciation (ac
technically this is the journal entry
acc= account
or variation thereof
entry in which the depreciation expense account is debited and the accumulated depreciation account is credited
as this is an accounting text I think you need the precise journal entry
ref.
http://webcache.googleusercontent.com/search?q=cache:KeV1fQJ...
acc= account
or variation thereof
entry in which the depreciation expense account is debited and the accumulated depreciation account is credited
as this is an accounting text I think you need the precise journal entry
ref.
http://webcache.googleusercontent.com/search?q=cache:KeV1fQJ...
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