Business, 21.08.2019 23:10 kcwolford03
On december 31, 20x1, bit co. had capitalized costs for a new computer software product with an economic life of 5 years. sales for 20x2 were 30% of expected total sales of the software. on december 31, 20x2, the software had a net realizable value equal to 90% of the capitalized cost. what percentage of the original capitalized cost should be reported as the net amount on bit's december 31, 20x2, balance sheet?
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On december 31, 20x1, bit co. had capitalized costs for a new computer software product with an econ...
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