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costs incurred are as follows: 5 In 2018, Redmap Trading spent RM70,000 on the cost of developing the company's website. The ons for your Costs
costs incurred are as follows: 5 In 2018, Redmap Trading spent RM70,000 on the cost of developing the company's website. The ons for your Costs Feasibility studies Purchase of domain name Purchase of operating software Website design Uploading contents on the website Training costs for two staff members to maintain the website RM 20,000 8,000 8,000 4.000 20,000 10.000 Required: Discuss the accounting treatment for the costs. Provide explanations for your
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