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Galah Ltd has acquired a new building. Assess which of the following items should be included in the cost of the building. Provide a reason
Galah Ltd has acquired a new building. Assess which of the following items should be included in the cost of the building. Provide a reason for your conclusions. (a) Stamp duty (b) Real estate agent's fees (c) Architect's fees for drawings for internal adjustments to the building to be made before use (d) Interest on the bank loan to acquire the building, and an application fee to the bank to get the loan, which is secured on the building (e) Cost of changing the name on the building (f) Cost of changing the parking bays
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