- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
As you receive payments you'll record an interest element and a "sale of book of business" income. Whether the latter is capital or ordinary in nature I don't know off the top of my head. Your consulting income should be ordinary in nature, I'd think.
This really is a subject I don't know much about, I guess I just didn't see any clear benefit for the recording of a $0 intangible asset.
This really is a subject I don't know much about, I guess I just didn't see any clear benefit for the recording of a $0 intangible asset.
‎June 4, 2019
3:20 PM