how can i capitalize my patents my company has


How can I capitalize my patents? My company has applying for a patent and I want to capitalize the research and development expenditures. I know it will cost some legal charges and the successful defense of a patent can be turned  capitalized, but can the actual costs of the patent be? If yes or no, please provide the FASB ruling if you have it or reference.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: how can i capitalize my patents my company has
Reference No:- TGS0401966

Expected delivery within 24 Hours