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QUESTION 1 PT A spent 20 billion dollars to defend a patent that gave the company the right to produce and market a cold medicine
QUESTION 1 PT A spent 20 billion dollars to defend a patent that gave the company the right to produce and market a cold medicine under the name Flureda. The patent can be used for 20 years. Because Flureda has a high demand in the market, PT B asked PT A for permission to be able to market Flureda according to the applicable law. PT B is required to pay 12 billion for a 5-year cooperation agreement. Requested: a. Prepare journals required by PT A and PT B b. Present the intangible assets of each company in the financial statements
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