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Mystic pizza company purchases a franchise from ny pizzeria

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Reference no: EM13866028

Mystic Pizza Company purchases a franchise from NY Pizzeria, Inc., for $96,000 on June 1, Year 1. The franchise will last eight years. Record Mystic Pizza's purchase of the franchise on June 1 and adjusting entry at the end of Year 1.

Reference no: EM13866028

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