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Jameson Limited was involved in a mining exploration business. It commenced a project to design more efficient opal detecting equipment. The following expenditures occurred
Jameson Limited was involved in a mining exploration business. It commenced a project to design more efficient opal detecting equipment. The following expenditures occurred during the financial year ended 30 June 2024: researcher's salary $62453; research consumables $38069; development of the detecting equipment $45365; final adjustments to the detecting equipment $16384. The amount to be capitalised by this company as an intangible asset, for the 2024 financial year, is: Answer:
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
