What does amortization mean?

When the income statements showcase the amortization expense, the value of the intangible asset is reduced by the same amount. A cumulative amount of all the amortization expenses made for an intangible asset is called accumulated amortization. It gets placed in the balance sheet as a contra asset under the list of the unamortized intangible. […]

What is Flippening?

It is a decentralized cryptocurrency that has smart contract functionality. It is considered to have the second-largest market capitalization as Bitcoin ranks first. Ethereum can be used to receive as well as send value on a global level without the interference of a third-party. Both of them are cryptocurrencies and they both use blockchain technology. […]