How do you account for a client database acquisition?

Hi there,

I have a client who has recently bought a database of clients in their industry. How should the cost of this be reflected in the clients accounts?

Thanks for your help.

Adam

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Goodwill

BKD |
BKD's picture

In my opinion, this will be

LQF |

Thanks

adam.copeland |

Most certainly not goodwill

The Limey |

Whatever

BKD |
BKD's picture

It may be easier, but they're

The Limey |