On January 1, 2018, the Shagri Company began construction on a new manufacturing facility for its own
Question:
January 1 ............................... $500,000
March 1 ................................. 600,000
July 31 ................................... 480,000
September 30 ........................... 600,000
December 31 ........................... 300,000
Required:
Calculate the amount of interest capitalized for 2018.
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Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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