When subsequent expenditure on intangible assets are incurred,the costs are:
A)debited to the retained earnings account.
B)transferred to a revaluation reserve account.
C)capitalised as part of the cost of the asset.
D)immediately expensed,rather than being capitalised.

Question

Quizplus · Accepted Answer

The Answer of When subsequent expenditure on intangible assets are incurred,the costs are:
A)debited to the retained earnings account.
B)transferred to a revaluation reserve account.
C)capitalised as part of the cost of the asset.
D)immediately expensed,rather than being capitalised.

When Subsequent Expenditure on Intangible Assets Are Incurred,the Costs Are