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  • Nov 15, 2012, 06:54 AM
    Loyce
    Ask an accountant a question for free
    Two companies, intercompany accounts, one company pays a 12 month overhead insurance policy, allocating a portion to second company, expensing over twelve months.

    Question: Am I required to expense over 12 months the portion allocated to the second company?
  • Nov 15, 2012, 04:24 PM
    paraclete
    The second company should do that

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