Question: during the current year a company spends 5 0 0 0 0 on reasearvh development for new drug to cure liver damage by the end

during the current year a company spends

50000

on reasearvh development for new drug to cure liver damage by the end of the year mangaement feels condident that the new drug will gain fda approval and lead to higher future sales. wjat imopact will this

50000

transactions have on this year financial statemnets decrease eevenues, increase assets, increase revenue, increase expenses

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