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Journal entryIntermediateVariant — group VG.IAS38.000401Published

Question · Research expenditure

The software publisher Brisane is exploring several algorithmic avenues for a future translation tool; the project is in its research phase, but management considers it very promising and wishes to capitalise its cost. For the month, the remuneration owed to the team amounts to 64,000 and the subscription to a simulation service, paid in cash, to 9,000. Record the entry for the month.

Remuneration owed to the project team
64,000
Subscription to the simulation service (paid in cash)
9,000
Your answer
  1. Line 1

    Account Research and development expense

  2. Line 2

    Account Amounts payable to employees

  3. Line 3

    Account Cash

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