Question
In the last two years, a company incurred the following expenditure in relation to the development of a new product: 1 Jan 2013 31 Dec
In the last two years, a company incurred the following expenditure in relation to the development of a new product: 1 Jan 2013 31 Dec 2014 (2 years) 1,440,000 The criteria for recognition as an intangible asset were satisfied from 1 Apr 2014.
For the year end, 31 Dec 2014, the intangible asset will be recognized in Statement of Financial Position at?
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Current Issues In Auditing Fraternity Modern Auditing And Auditors Issues
Authors: Nancy Myle
1st Edition
B0BCSDPYMD, 979-8849756974
