CH.9 example 1 Intangibles

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June 19, 2021 at 12:54 pm #625815
sherlock221B
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Sir,

Can’t we capitalize $ 5 million functioning prototype under PPE(CH.9 example 1 Intangibles)?

Thank you
June 20, 2021 at 1:01 pm #625920
Stephen Widberg
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If it’s a functioning prototype of a physical asset, I would capitalise as PPE.
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