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Chapter 26 MCQ 1

Ttaurus10y ago
I am not sure why are we writing of the development expenditure of 400,000 per month as the same needs to be capitalized ?
MikeLittleMikeLittleTutor10y ago#1
Without me having to look at the question, isn't it because the directors only determined viability three months before the year end so any expenditure before then was expensed and not capitalised If I'm answering the wrong question, post again and I'll look at the question
Ttaurus10y ago#2
Yeah.. its correct ! :)
MikeLittleMikeLittleTutor10y ago#3
That's good!
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