Sample PSAB Notes to Financial Statements

Note: The straight line amortization method is used. Column H Annual Amortization; the formula is the ‘Historical Cost’ (Column B) divided by the ‘Useful Life’ (Column F) Column I Accumulated Amortization; the formula is the ‘Historical Cost’ (Column B) divided by the ‘Useful Life’ (Column F) times the Life Used (Column G). 6. ................
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