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Item 12

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Pregunta

12.    Read the following information in the box:

6-15-2022: Company FOOD S.A. buys a 20 years old franchise license from BURGER QUEEN CORPORATION for ₡14 500 000,00. In spite of the age, the license has a 20% salvage value (using the ordinary time).

Which of the following options shows the correct records for the amortization of the fiscal period (12-31-2022)?

Respuestas

A)   Amortization expense                  314 166,67      

            Franchise license                                                           314 166,67

B)   Franchise license                               14 500 000,00

         Cash                                                                              14 500 000,00

C)    Cash                                                  14 500 000,00

              Franchise license                                                    14 500 000,00             

D)   Franchise license                               314 166,67            

      Amortization   expense                                                 314 166,67       

Retroalimentación

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