Which one of the following is capitalized as intangible? an OMR 125,000 spent on development of a new product but later due to non-feasibility company discontinued to commit funds for the process Developing cost OMR 85,000 of a new process that shall significantly save cost for the company The company spent OMR 12,000 for designing a new company logo for the business Marketing cost of OMR 150,000 spent by company that led to increase in sale of the company significantly

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which one of the following is capitalized as intangible?
an
OMR 125,000 spent on development of a new product but later due to non-feasibility company discontinued to commit funds for the process
Developing cost OMR 85,000 of a new process that shall significantly save cost for the company
The company spent OMR 12,000 for designing a new company logo for the business
Marketing cost of OMR 150,000 spent by company that led to increase in sale of the company significantly
Transcribed Image Text:Which one of the following is capitalized as intangible? an OMR 125,000 spent on development of a new product but later due to non-feasibility company discontinued to commit funds for the process Developing cost OMR 85,000 of a new process that shall significantly save cost for the company The company spent OMR 12,000 for designing a new company logo for the business Marketing cost of OMR 150,000 spent by company that led to increase in sale of the company significantly
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