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Interest cost incurred in purchasing an asset that is ready for its intended use should a) be written off over the remaining term of the
Interest cost incurred in purchasing an asset that is ready for its intended use should
a) be written off over the remaining term of the debt
b) be accumulated in a seperate deferred charge account and written off equally over a 40-year period
c) not be written off until the related asset is fully depreciated or disposed of
d) none of these answers are correct
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