The expenditure for research and development is generally listed on the income statement under Operating Expenses.
What is research and development?
Research and development (R & D) costs are the costs you incur for activities intended to develop or improve a product or service.
The expenses that are incurred on research and development are recorded in the income statement under operating expenses.
Companies with large R & D departments usually list the costs out separately, while other companies with infrequent R & D costs choose to group them under general and administrative costs.
R & D expenses that do not result in an asset likely to generate revenue should be recorded as an expense on the income statement. On August 1, 2010, this entry was published.
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