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    mds196644 Posts: 1, Reputation: 1
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    Dec 14, 2011, 02:54 PM
    Where do I journalize product development?
    I am putting together a profit loss and its for obtaining credit line. We have a tremendous amount of product development costs due to expanding in different divisions. We are sending out these carpet samples at no cost.
    What I need to know is how to journalize this transaction?

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