MODERN DEBATABLE ISSUES OF ACCOUNTING FOR DEPRECIATION AND AMORTIZATION OF FIXED ASSETS

Keywords

depreciation, amortization, liquidation of fixed assets, property, equipment.

Annotation

This article discusses the current controversial issues of accounting for depreciation and amortization of fixed assets. The theses are substantiated that depreciation and amortization are interrelated concepts, but it is illegal to identify and combine them into a single category of economic. Depreciation and amortization accounts of fixed assets do not duplicate, but only complement each other

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