The total accumulated amortization on a capital asset is also known as the asset's amortized cost.

Name: The total accumulated amortization on a capital asset is also known as the asset's amortized cost.
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The total accumulated amortization on a capital asset is the amount of the asset's cost that has been allocated as an expense over its useful life. The asset's amortized cost is the original cost minus the total accumulated amortization, which represents the asset's net book value.

The Total Accumulated Amortization on a Capital Asset Is Also