Franchise fees should be recognized 1. on the date the contract was signed. 2. when performance obligations are satisfied. 3. on the date the franchise is opened for business. 4. on the date the franchise fee is paid to franchisor.
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Home » Business » Franchise fees should be recognized 1. on the date the contract was signed. 2. when performance obligations are satisfied. 3. on the date the franchise is opened for business. 4. on the date the franchise fee is paid to franchisor.