Doing a preselection test for a job interview. Where is syndication costs on BS?

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  • March 4, 2016 at 2:02 am #200575
    Anonymous
    Inactive

    I had to do a balance sheet from scratch. The balance sheet does not balance. The difference is the syndication costs. The syndication cost is either a reduction of Liabs or a reduction of Equity. Which one? Because I cannot find the answer anywhere.

    Thanks

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  • March 4, 2016 at 6:15 am #760905
    FIFOisbetterthanLIFO
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    Syndication costs are an intangible asset, right? Kind of need more information than you gave, but it isn't in liabilities or equities on the balance sheet.

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