What is the accounting treatment for the patent expenses?

Question ajoutée par Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
Date de publication: 2014/05/28

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par Suhail Tariq , Chief Financial Officer , Al-Imam Enterprises (Pvt.) Ltd.

being expense adjustable againt income, patent expense should be taken to profit and loss account over its useful life.

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What is the accounting treatment for the patent expenses?

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