Question
Interest cost that is capitalized during construction should a.be written off over the remaining term of the debt. b.be accumulated in a separate deferred charge
Interest cost that is capitalized during construction should
a.be written off over the remaining term of the debt.
b.be accumulated in a separate deferred charge account and written off equally over a 40-yearperiod.
c.not be written off until the related asset is fully depreciated or disposed of.
d.be included in the depreciation base of the related asset.
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
