Turn into excel sheet, show formulas P11.2 (LO 1, 2,...
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Accounting
Turn into excel sheet, show formulas
P11.2 (LO 1, 2, 4) (Accounting for Patents) All costs incurred prior to January 2019 are related to research and development activities and were expensed as incurred in accordance with GAAP. (b The costs incurred in 2020 and 2022 are related to research and development activities and are expensed as incurred. (c) The legal costs in 2026 were expensed because the suit was unsuccessful
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