Glossary entry

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."
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
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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...
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