Developing Ltd. spends $ 46,700 on development. Under what circumstances will this cash outflow be reported in

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Developing Ltd. spends $ 46,700 on development. Under what circumstances will this cash outflow be reported in operating activities in the year of the expenditure, and in what circumstances will it be shown as a cash outflow for investing activities?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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