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Whai is difference between sinking fund and amortization of assets?

Sinking fund is the setting aside of money for instance by the government to a pool to reduce its budget deficit while amortization is the paying off of debts over a period of time with a decreasing principal balances and interests Read more in related link.


What is the difference between amortization and sinking fund?

sinking fund is the setting aside of money for instance by the government to a pool to reduce its budget deficit while amortisation is the paying off of debts over a period of time with a decreasing principal balances and interests


What is principal amortization?

It is the amortization of the principal of the loan.


How can an amortization chart be produced?

An amortization chart is created from an amortization table or amortization schedule to show visually how the balance, cumulative interest, and principal change over the time.


What is meant with amortization schedule mortgage?

Breakdown of the amortization in to Interest and Principal is called Amortization schedule. This is useful customers to know how much interest is stuffed in to an amortization. These days EMI is most popular way of amortization, where customer pays same amount throughout amortization period. With Amortization Schedule customer can know how much interest he is paying in every amortization. Find more info at www.investorwords.com/202/amortization_schedule.html


What is the entry for amortization?

Debit amortization expensesCredit intangible assets


How do I use an amortization calculator?

Amortization calculators calculate your mortgage rate. The best site to go to to figure out these rates would be amortization-calc.


What is the journal entry for amortization?

Debit amortization expensesCredit intangible assets


What is the amortization of my mortgage?

Amortization simply refers to the length of your mortgage. You can use a calculator from any reputable financial website to calculate the amortization rate on your loan.


Where can I find a amortization mortgage calculator?

There are lots of websites online where you will find amortization mortgage calculators. A couple I recommend are www.hsh.com Calculators and bretwhissel.net/amortization/.


Where can I find amortization schedules online?

You can find an amortization schedule at the following website....www.pine-grove.com/online-calculators/amortization-schedule.htm or www.amortization-calc.com/


How do I use an amortization schedule mortgage ?

You can find information on how to use an amortization schedule calculator on the following website...www.bankrate.com/calculators/mortgages/amortization-calculator.aspx