2014, PJ developed аrketed costs were incurred in 2014: Research and development departmental costs 95,000 Materials and supplies consumed in research 25,000 Compensation paid to research consultants 30,000 150,000 It is anticipated that these costs will be recovered in 2017. What is the record in 2014 as expense?

2014, PJ developed аrketed costs were incurred in 2014: Research and development departmental costs 95,000 Materials and supplies consumed in research 25,000 Compensation paid to research consultants 30,000 150,000 It is anticipated that these costs will be recovered in 2017. What is the record in 2014 as expense?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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