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90 on July 2020 Ble Wednesday ud acquired and...

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Accounting

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90 on July 2020 Ble Wednesday ud acquired and at a cost of $1000 000. Big Wednesday Lid makes the following estimates of the value of the land Farm Ner sewing once Wales Bouwne PORNO 000 DOO 9000 30 un 2022 900 000 000000 000 Bauung ROPE 19000 KON RAMON REQUIRED (0) Determine the recoverable amount of the land forceste (6) Assume that Bie wednesday und uses the cosmetice center the coming amount of the tand, Prepare the journal entries necessary to effect any adjustments required by accounting hands 15 Energy Ltd is moved in the research and development of a new one of the red subiend For this R&D it has incurred the following expenditure: - $50 000 obtaining a general understanding of water-row dynamics $30 000 on understanding what local surfers expect from a sumboend $90 000 on testing and refining a certa ayolin $190 000 on developing and resting a fun prototype are invester! There is expected to be a very large market for the product, which might clions of dollars in devenue REQUIRED Determine how the above expenditure would be treated for accounting purposes o a

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