QUESTION 2 Eternity Ltd is involved in a significant project to research and develop a new line of motor oil. Details relating to the research and development program are as follows: Date Cumulative costs to date Rand 01/10/20.19 15/12/20.19 10 000 31/12/20.19 100 000 30/09/20.19 250 000 Research commences Name for product chosen Research phase completed and product identified Technical feasibility and Intention to complete product established Adequate technical, financial resources available to complete product established Market research indicates that product will generate economic benefits for 4 31/12/20.19 300 000 31/03/20.20 320 000 Vaare Included in the above are training costs of R20 000 spent during the second quarter of 20.20. These costs are considered to be directly attributed to the research and development process. REQUIRED: Which of the following entries will be correct for the advertising cost of R20 000 that was spend during the second quarter of 20.20? A. Dr Training cost (P/L); Cr Bank / liability (SFP) B. Dr Development: expense (P/L); Cr Bank / liability (SFP) C. None of the answers D. Dr Development: Cost (SFP); Cr Bank / liability (SFP)