Android application development charges

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Student CA Articleship

848 Points Joined June 2015

If a company develops IOS and Android application for its products, then it has to be shown under intangible assets or not ?

Replies (2)

NONE

163 Points Joined April 2012

They aren't Fixed Assets, Since they are used for earning revenue.

NONE

163 Points Joined April 2012

Rights /License shall be shown as fixed intangible assets in the balance sheet.

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