Accounting
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Boundless Accounting
Controlling and Reporting of Intangible Assets
Accounting Textbooks Boundless Accounting Controlling and Reporting of Intangible Assets
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting

Section 4

Research & Development Cost

Book Version 3
By Boundless
Boundless Accounting
Accounting
by Boundless
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What Is R&D?

The primary function of R&D is to develop new products or discover and create new knowledge about scientific and technological topics.

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Accounting for R&D Activity

Research and development costs no longer appear as intangible assets on the balance sheet, but as expenses on the income statement.

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