8 servings, 1 cup (250 mL) each. This fruity side salad of crisp greens, sweet mandarin oranges, crunchy jicama and raspberry vinaigrette is sprinkled with toasted sesame seeds. What You Need.
Amortization is the write-off of an asset over its expected period of use, which shifts the asset from the balance sheet to the income statement. It essentially reflects the consumption of an intangible asset over its useful life.Amortization is most commonly used for the gradual write-down of the cost of those intangible assets that have a specific useful life. Examples of intangible assets are patents, copyrights, taxi licenses, and trademarks.t essentially reflects the consumption of an intangible asset over its useful life. Amortization is most commonly used for the gradual write-down of the cost of those intangible assets that have a specific useful life.
In this case, the company would record $2,000 each year as an amortization expense for the patent ($20,000 â $0 = $20,000/10 = $2,000). Amortization in lending In the context of lending, amortization is the process of paying off debt with a fixed repayment schedule over a specified period of time.