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During 2021. Southern Pharmaceutical Company incurred 53.000.000 of research and demontering The company confident the drug will soon be approved for sale in the US

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During 2021. Southern Pharmaceutical Company incurred 53.000.000 of research and demontering The company confident the drug will soon be approved for sale in the US and wil generates According to US resid the company research and development costs in 20217 Multiple Choice It should debit the costs to an intongible asset account It should capitalize the costs. o it should report the costs as expenses. It should credit the costs to an intangible asset account

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