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June 23, 2020
Question

I have 2 employees who I paid $100 each for signing a non-compete order, wher would this go for expenses in quickbooks?

  • June 23, 2020
  • 1 reply
  • 1 view
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1 reply

john-pero
Level 12
June 24, 2020

Other Current Asset.

 

No matter who is paid for non compete it is similar to  goodwill, which cannot be expensed