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2 years ago

because research is blank______, it is important to figure out beforehand exactly what problem needs to be solved.

Business

1 answer:

KonstantinChe [14]2 years ago

7 0

Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.

Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.

<h3>What is research?</h3>

Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.

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Answer:

May 1, 2020

Dr Cash $477,360

Cr Bonds Payable $468,000

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