D Dafs Guest 22 Feb 2010 #1 Hi, I am wondering what way to account for a large franchise cost in financial statement. Would you capitalise in the year it was paid? or amortise over a useful life of franchise? Regards, D
Hi, I am wondering what way to account for a large franchise cost in financial statement. Would you capitalise in the year it was paid? or amortise over a useful life of franchise? Regards, D
C clued-in Guest 22 Feb 2010 #2 Would make sense to amortise over life of franchise, assuming there is a specific term.