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Where does amortization go on income statement?

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    I need to put "Amortisation of bank loan issue costs" specifically in one of the three:

    Less: Operating Expenses

    Less: Interest Expense
    (no capitalized interest)

    Other Income (Expenses)
    Unusual or Infreq. Item;

    Which one is it?
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    And I also need to put "Other receivables" and "Prepayments and accrued income" into the following...

    Gross Receivables

    Prepaid Expenses


    Should I put both in Gross Receivables?
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    Anyone?
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    help
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    Amortisation is the equivalent of depreciation as applied to leasehold premises.
    It will be included in the profit and loss account.
    Does this help? Anything else?

    This was posted from The Student Room's Android App on my GT-I9100
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    (Original post by ken2)
    Amortisation is the equivalent of depreciation as applied to leasehold premises.
    It will be included in the profit and loss account.
    Does this help? Anything else?

    This was posted from The Student Room's Android App on my GT-I9100
    It has to be specifically one of those three I posted in the OP. Are you trolling? :confused:
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    (Original post by NocturnalInsomniac)
    It has to be specifically one of those three I posted in the OP. Are you trolling? :confused:
    (Original post by ken2)
    Amortisation is the equivalent of depreciation as applied to leasehold premises.
    It will be included in the profit and loss account.
    Does this help? Anything else?

    This was posted from The Student Room's Android App on my GT-I9100
    Thats all i know about amortisation unfortunately, sorry i should have read the whole post not just the title...

    This was posted from The Student Room's Android App on my GT-I9100
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    So does no one know this? Thought this was an accounting sub forum

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