When it acquired Halden in a business combination, the Norvik group recognised autonomous navigation software under development. After the acquisition, Norvik's engineers continue the project; their salaries, still owed at the year-end, amount to 65,000 for the period when financing for the rest of the project was not yet secured, then to 90,000 for the period when all the development-phase criteria were demonstrated. Record the entries (E1 then E2).
- Development salaries before the criteria are met
- 65,000
- Development salaries once the criteria are met
- 90,000