Breval cannot distinguish the research phase from the development phase of its internal project for a self-cleaning paint. The month's expenditure, paid in cash, amounts to 80,000. The project manager estimates, without detailed tracking, that 30,000 of this amount relates to development. Record the entry for the month.
- Expenditure for the month (paid in cash)
- 80,000
- Estimated development portion
- 30,000