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?
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?
Participation is voluntary.
Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services
Did you like this article? Share it with your favourite social network.