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The costs of Franchises and Licenses are: debited to Franchises and Licenses credited to Franchises and Licenses amortized over the life of the agreement if

The costs of Franchises and Licenses are:
debited to Franchises and Licenses
credited to Franchises and Licenses
amortized over the life of the agreement if it is for an unlimited life
amortized over the life of the agreement if it is for a limited life
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