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#1
10-05-2018, 08:33 AM
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Amortization and the income statement
It is our understanding, per SSAP No. 20 paragraph 4 e. Intangibles are non-admitted assets. Where on the P&L should the monthly amortization be reported? Is it included in General Administrative expenses or is it more appropriate to report on line 29 Aggregate write-ins for other income or expenses?
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