Question: Developing Ltd spends 46 700 on development Under what circumstances
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?
Answer to relevant QuestionsWhat is the objective of general purpose financial reporting? Carnegie Corporation commissions, produces, and sells books through faith- based nonprofit organizations. The books are sold on the basis that a maximum of 50% of the quantity purchased can be returned within six months. The ...Licensing Fees: Spreadsheets Made Easy (SME) is a company that designs and sells spreadsheet software. Corporate customers purchase licences for the number of users in their company that can access the software from their ...Why is the lower- of- cost- or- NRV rule applied to inventory valuation?What estimates have to be made when recording an impairment of a long- lived asset?
Post your question