100+ Initial services PowerPoint (PPT) Presentations, Initial services PPTs

Initial services - PowerPoint PPT Presentation

273 views • 15 slides

FASB 45

Castle Company sells a franchise that requires an initial franchise fee of $70,000. A down payment of $20,000 cash is required, with the balance covered by the issuance of a $50,000, 10% note, payable by the franchisee in five equal annual installments.

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Initial services - PowerPoint PPT Presentation

FASB 45