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

Question 45

Multiple Choice

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.

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