on january 1, 2019, boulder investments inc. acquired a franchise to operate a burger doodle restaurant. boulder paid $160,000 for a 10-year franchise and incurred organization costs of $12,000. required: question content area 1. prepare the journal entry to record the cash payment for the franchise fee and the organization costs.

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02-11-2022
Business

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on january 1, 2019, boulder investments inc. acquired a franchise to operate a burger doodle restaurant. boulder paid $160,000 for a 10-year franchise and incurred organization costs of $12,000. required: question content area 1. prepare the journal entry to record the cash payment for the franchise fee and the organization costs.

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