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-   -   My company is paying a trade license. How should I account it? (https://www.askmehelpdesk.com/showthread.php?t=474301)

  • May 28, 2010, 01:15 PM
    sharjah25
    My company is paying a trade license. How should I account it?
    The company is paying a trade license and a key money which expires a year
    How should I journalize or account it
  • May 29, 2010, 12:01 AM
    morgaine300

    The license you should just be able to expense.

    I don't know what key money is.

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