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roshini reddy
yes
But in the first year revised estimate was not known. So why have we not calculated 1st year amortisation on original data
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Aman MahajanBut in the first year revised estimate was not known. So why have we not calculated 1st year amortisation on original data
We always charge the amortization expenses in PnL at the END of the year. It is clear that at the 1st year end we already knew that the estimates r changed. So we directly used revised data.