Hi,
How would you account for a franchise fee that has been paid to start operating a franchise? My feeling is that you would capitalise and based on the contract, depreciate over the "useful life" of the asset.
Any other opinions?
Accounting for Franchise Fees
Hi,
How would you account for a franchise fee that has been paid to start operating a franchise? My feeling is that you would capitalise and based on the contract, depreciate over the "useful life" of the asset.
Any other opinions?
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