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Cozy Inc. incurred and paid the following costs during the year ended December 3 1 , 2 0 2 1 : Laboratory research aimed at
Cozy Inc. incurred and paid the following costs during the year ended December : Laboratory research aimed at discovery of new knowledge $ Costs of testing prototype and design modifications economic viability not achieved Quality control during commercial production, including routine testing of products Construction of research facilities having an estimated useful life of years but no alternative future use The journal entry for the total amount to be classified and expensed as research and development in is:
Cozy Inc. incurred and paid the following costs during the year ended December :
Laboratory research aimed at discovery of new knowledge
$
Costs of testing prototype and design modifications economic viability not achieved
Quality control during commercial production, including routine testing of products
Construction of research facilities having an estimated useful life of
years but no alternative future use
The journal entry for the total amount to be classified and expensed as research and development in is:
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