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View Full Version : My company is paying a trade license. How should I account it?


sharjah25
May 28, 2010, 01:15 PM
The company is paying a trade license and a key money which expires a year
How should I journalize or account it

morgaine300
May 29, 2010, 12:01 AM
The license you should just be able to expense.

I don't know what key money is.