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#6 please help The Paris Corporation incurred $2,900,000 of research cost and $2,100,000 of development cost during the current yeat. Required a. Determine the amount
#6 please help
The Paris Corporation incurred $2,900,000 of research cost and $2,100,000 of development cost during the current yeat. Required a. Determine the amount of expense recognized on its income statement assuming Paris uses U.S. GAAP. b. Determine the amount of expense recognized on its income statement assuming Paris uses IFRS Step by Step Solution
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