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The Correct Accounting Entry to Amortise an Intangible Asset Over

Question 25

Multiple Choice

The correct accounting entry to amortise an intangible asset over its useful life is:


A) DR Amortisation expense; CR Asset
B) DR Accumulated amortisation; CR Amortisation of asset
C) DR Amortisation expense; CR Accumulated depreciation
D) DR Amortisation expense; CR Accumulated amortisation

Correct Answer:

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