Question
1. Why is it considered proper treatment according to GAAP to add interest expense (capitalize) to the cost of a self-constructed asset? 2. Why does
1. Why is it considered proper treatment according to GAAP to add interest expense (capitalize) to the cost of a self-constructed asset?
2. Why does recording of depletion result in the addition to assets rather than expense?
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
