What are the accounting implications of the issue above? Can you also clearly show any accounting adjustments required?

Voodoo Limited is a manufacturing company that prepares its financial statements to 31 December each year. Before the financial statements for the year ended 31 December 2018 can be finalised, a number of outstanding issues need to be resolved. Issue 1: In January 2018, Voodoo Limited commenced a programme to extend and modernise the company's manufacturing facilities. The programme cost 2,500,000 and Voodoo Limited financed the work through a mixture of general and specific debt. The directors estimate that 60% of the programme was financed by general debt and 40% by specific debt. Voodoo Limited's current general borrowing rate is 10% per annum while the specific debt carries an interest rate of 15% per annum. The programme was completed in December 2018