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Thanks! Now I understand. Development expenditure shouldn’t be amortized until completed
I don’t think I am clear on this question.can you also help on how this should be amortized
So it should be 5m + 5m ÷ 3 = 33333333. Is it the right approach. Why is it divided by 3. Or have I taken the wrong approach to the answer. If no, can you be explicit. Thabks
Thanks for this. I spent the whole day trying to get 20160 until I got confused. I got 19950 …thanks Mike!!!
Thanks for clearing my doubt
