solve it as per Ind AS and mention name and number also. 4.8.7

A-1: The company had spent 45 lakhs for publicity and research expenses on one of its new consumer product, which was marketed in the accounting year 20X1-20X2, but proved to be a failure Required: Analyse, how you will deal with this amount in the accounts of the company for the year ended 31stMarch, 20X2 with reference to Accounting Standards: A-2: A company with a turnover of 250 crores and an annual advertising budget of 2 crores had taken up the marketing of a new product. It was estimated that the company would have a turnover of 25 crores from the new product. The company had debited to its Profit and Loss account the total expenditure of 2 crore incurred on extensive special initial advertisement campaign for the new product Required: Evaluate the correctness of the procedure adopted by the company