Soweto Ltd is unsure of how to obtain computer software. Four possibilities are: (1) Purchase computer software
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Soweto Ltd is unsure of how to obtain computer software. Four possibilities are:
(1) Purchase computer software externally, including packages for payroll and general ledger.
(2) Contract independent programmers to develop specific software for the company’s own use.
(3) Buy computer software to incorporate into a product that the company will develop.
(4) Employ its own programmers to write software that the company will use.
Discuss whether the accounting will differ depending on which method is chosen.
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Related Book For
Advanced Financial Accounting An International Approach
ISBN: 9780273712749
1st Edition
Authors: Jagdish Kothari, Elisabetta Barone
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