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franchise acc - dr cash acc - cr
No
Net worth means the cost (amount paid at the purchase date plus any capitalized costs like major improvements) offset by the accumulated depreciation/amortization. For example, you purchase a building for $1m and made a major improvements of 500k. The cost of the tangible asset is on the balance sheet for 1.5m. Then as time goes by you will depreciate the building based on its expected life. Let's say the building has a ten year life then you will depreciate 150k every year. Two years from the purchase/improvement date, you have the cost of $1.5m and the accumulated depreciation of $300k. the net worth of the building is $1.2m
to depreciate the value of an asset by reducing its cost over a period
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
You can go on this website to purchase your own franchise www.icecreamfranchise.net, or you can visit www.benjerry.com/scoop-shops/franchise-opportunities to open a Ben & Jerry's.
$150,000 to $250,000
Simone hopes eventually to purchase a natural-foods franchise.
franchise acc - dr cash acc - cr
No, but. You can buy a franchise.
True :)
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The cost of a Pedro Chicken franchise is approximately $350,000. The franchise fee does not include the purchase of property, for the location.
I do not know I'm trying to find out
For millions and billions of dollars yes...
Yes, a franchising consultant can help you to find an existing franchise to purchase. Franchising consultants have much expertise in this area and can be a very helpful source.
A capital purchase is a purchase of equipment, property, or any asset that contributes to the production of a good or service. Depending on your countries tax laws, it would be entered into your asset register and its value would depreciate over a number of years.