Within the US, the franchise fee is $15,000. In countries outside of North America the first franchise fee varies from $10,000 - $15,000 (USD).
Fixed assets depreciate because through depreciation process cost of fixed asset charged to all those fiscal years in which that fixed asset is used.
A fixed asset is an item/asset that can or does generate income/revenue and its value does not flutuate in the short term. A fixed cost is an expense that is repetative such as your real estate tax and utility bills So the short answer is no. These are two different and opposite items
Yes. An Asset is something that has a value and can be sold/converted to cash.
It as a Fixed Asset if it is not for resale purposes and is used for more than 1 accounting period. But it might not be recorded in the B.S as a Fixed asset if the company feel that the figure is immaterial enough to be recorded. (It does not affect decisions of stakeholders).
Fixed deposit is under fixed assets. Under fixed assets, there are 3 category that is tangible fixed assets (land, machinery, dll), intagible fixed assets (pattern, franchise, dll) and investment (fixed deposite,dll).
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
if software is purchased and price is paid at once and used for many years then it is fixed asset but if you purchase a software and after that every year you need to renew the license of using that software then this lisence cost is current asset and price paid for purchasing software is fixed asset. For Example: software purchased for $1000 and lisence renew fee for every year is $100 then $1000 is fixed asset and $100 is current asset or revenue asset.
A fixed asset.
fixed
fixed deposit is an assets
fixed assest
The franchise fee for Donato's Pizza is $25,000.
A fixed deposit in the name of a firm is not a fixed asset.
A share discount is not a type of fixed asset, it is a type of net asset.
useful life of fixed asset
debit donationcredit fixed asset