Borrowing costs are capitalised as part of the cost of a qualifying asset when it is probable
Question:
Borrowing costs are capitalised as part of the cost of a qualifying asset when it is probable that :
A. They will result in future economic benefits to the enterprise and the cost may not be measured reliably
B. They will not result in future economic benefits to the enterprise but the cost can be measured reliably
C. They will result in future economic benefits to the enterprise and the cost can be measured reliably
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C They will result i...View the full answer
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Saikumar Ramagiri
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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