What should be the pattern of amortization for a limitedlifeintangible?

Q: Explain Intangible Assets Not Subject to Amortization.

A: Intangible assets are those assets that represent some rights and privileges associated with owning…

Q: Who should authorize disposal of fixed assets?

A: Disposal of Fixed Asset: Disposal of fixed asset is a process of selling off the asset whose…

Q: Explain Long-term liabilities?

A: The balance sheet of the business represents the financial position of the business with assets and…

Q: What does the term "corridor amortization" mean

A: Amortization refers to the process of gradual and systematic write off for an asset's initial cost.

Q: Effective interest amortization method uses which of the following rates to determine interest…

A: Under the effective interest method, the interest is calculated as yield to maturity multiplied by…

Q: If the residual value of a leased asset is guaranteed by a third party:

A: A lease is an arrangement under which a lessor agrees to allow a lessee to control the use of…

Q: How can we determine the Acquisition of Fixed Assets?

A: Fixed Assets- Fixed Assets are those assets which are acquired for the purpose of: production or…

Q: Which of the following has the right to sell an asset at a predetermined price?

A: A put option is an instrument which provides its holder an option to sell an underlying asset on a…

Q: What does the term "corridor amortization" mean?

A: The answer:

Q: Why allow the fair value option for financial assets and liabilities and not for, say, buildings or…

A:

Q: Define amortization period.

A: Amortization: Amortization is a process in which the cost of intangible assets is spread equally…

Q: What is  “corridor amortization”?

A: Pension: A fixed sum of money, receivable in future or after the age of retirement, which the…

Q: the term "corridor amor

A: Corridor amortization is an approach for amortizing the Accumulated OCI balance when it goes over…

Q: How would you describe a planned amortization class (PAC) tranche?

A: A Planned Amortization Class (PAL) Tranche will be explained:

Q: How can we determine the amount of new fixed assets?

A: Fixed asset is a long term asset from which economic inflows are expected to generate to company for…

Q: Can someone explain this amortization schedule's breakdown?

A: The capital is the backbone of the company, and the company will be willing to raise the capital for…

Q: ,calculate the amount of amortization of the net loss or gain that should be included

A: Defined Benefit Pension plan can be defined as the payment plan granted by the employer to the…

Q: When using the fair value method, we adjust the reported amount of the investment for changes in…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Explain Depreciation Allowance under Inflation?

A: Inside these laws of unique cost depreciation, the absolute estimation of the duty exclusions in…

Q: How is the regular payment in an amortization schedule determine?

A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…

Q: Under what conditions should investments be classified as current assets? As long-term assets?

A: A current asset is a cash and other assets that are reasonably expected to be converted into cash…

Q: Explain term Foreclosure?

A: Foreclosure:

Q: Describe the Depreciation Allowance under Inflation?

A: Depreciation: Depreciation is an accounting method to calculate the value of a tangible asset during…

Q: When the fair value of plan assets is multiplied with a discount rate, an interest expense arise.…

A: There is mainly two types of accounts which are kept in the defined benefit plan.  One is Defined…

Q: How should goodwill be amortized?

A: Goodwill is an example of intangible assets which has no physical identity.

Q: Give five difference between straight line method and effective method in amortizing?

A: Solution Bond amortization At the time of issuing the bond , the market rate of interest and the…

Q: Define amortization schedule

A: Amortization: Amortization is an accounting method utilized to periodically lesser the book worth of…

Q: Is the nature of the gainor loss considered ordinary or long-term?

A: Ordinary gain or loss means any income which doesn't result as Capital gain or loss. Capital Gain or…

Q: Why do deferred liabilities arise? Explain your answer with suitable example.

A: Why do deferred liabilities arise? Explain your answer with suitable example.

Q: under what conditions a short-term obligation should be excluded from current assets

A: Please find the answer to the above question below:

Q: Define the term Depreciation Allowance under Inflation?

A: Inside these laws of unique cost depreciation, the absolute estimation of the duty exclusions in…

Q: How to calculate the Amortization Expense?

A: Depreciation , amortization , depletion all means the fall in value of assets due to one reason or…

Q: Provide examples of assets that do not qualify for interest capitalization.

A: Assets: Assets are those items that provide value for money and future economic benefit for an…

Q: Define Amortization.

A: Amortization: It is the process of allocating the value of an intangible asset over its definite…

Q: How do U.S. GAAP and IFRS differ in their use of present values when measuring contingent…

A: Contingent Liability Contingent liability is one form of liability that arises based on a particular…

Q: What should be the pattern of amortization for a limited-life intangible?

A:

Q: When are losses in noncurrent security investments recognized?

A: Noncurrent security investments are held for more than 1 year.

Q: Define amortization expense

A: Amortization expenses is a tool or technique that helps to lower the book value of loans and…

Q: What is a loan amortization schedule, and what are some ways these schedules are used?

A: Loan is an agreement between lender and borrower where lender provide funds to borrower which repaid…

Q: The amortization process is like what other process?A. depreciationB. valuationC. recognizing…

A: Some assets loses out their value over the period of time. These can be fixed assets or natural…

Q: What is the meaning of “corridor amortization”?

A: Pension: A fixed sum of money, receivable in future or after the age of retirement, which the…

Q: Intangibles have either a limited useful life or an indefiniteuseful life. How should these two…

A:

Q: What is an amortization schedule?

A: Long-Term Notes PayableLong-term notes payable refers to the obligation of the company in the form…

Q: Is the following statement is true or false? Amortization is not a payment process.

A: Amortization refers to the process of paying off a debt through scheduled, pre-determined…