Business & Finance Homework Help
Golden Cup signed a contract with the marketing planet Inc. by which the marketing agency will be responsible for
Golden Cup signed a contract with the marketing planet Inc. by which the marketing agency will be responsible for
Get Your Custom Essay Written From Scratch
We have worked on a similar problem. If you need help click order now button and submit your assignment instructions.
Just from $13/Page
Golden Cup marketing for five years period started this year. The contract costs Golden Cup $100,000 that were paid up front, however the company thinks this plan will affect its sales evenly over the five years period. Golden Cup also spends $30,000 in the form of general and administrative expenses per year.
Do I enter amounts on Income statement as is or do I have to divide by 5 years?
