Solution-Development of a patent that will increase

Development of a patent that will increase companys income

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Reference no: EM13532838

Often research and development costs provide companies with benefits that last a number of years. (For example, these costs can lead to the development of a patent that will increase the company's income for many years.) However, generally accepted accounting principles require that such costs be recorded as an expense when incurred. Why?

Reference no: EM13532838

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Development of a patent that will increase companys income : Often research and development costs provide companies with benefits that last a number of years - generally accepted accounting principles require that such costs be recorded as an expense when incurred.

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Development of a patent that will increase companys income

Reference no: EM13532838

Reference no: EM13532838

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