Question: The company creates a computer program. The company has spent TL 50,000 for the research phase and TL 40,000 for the development phase. What is

The company creates a computer program. The company has spent TL 50,000 for the research phase and TL 40,000 for the development phase. What is the accounting treatment of these expenditures according to the IAS 38 Intangible Assets Standard (treat as an expense of the period or capitalize)? Indicate the name of the financial statement into which you record the expenditures.

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