In 2014, Ghostbusters Corp. spent $420,000 for goodwill

Chapter 12, Problem 5

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In 2014, Ghostbusters Corp. spent $420,000 for goodwill visits by sales personnel to key customers. The purpose of these visits was to build a solid, friendly relationship for the future and to gain insight into the problems and needs of the companies served. How should this expenditure be reported?

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