Why in franchise arrangements may it not be proper to recognize the entire franchise fee as revenue

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Why in franchise arrangements may it not be proper to recognize the entire franchise fee as revenue at the date of sale?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Feb 19, 2011 03:44 AM

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Why in franchise arrangements may it not be proper to recognize the entire franchise fee as revenue

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It is improper to recognize the entire fran...View the full answer

Intermediate Accounting

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