Why are loan costs amortized?

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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Question Posted: Nov 30, 2017 10:06 AM

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Why are loan costs amortized?

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Due to the requirements of Matching concept the loan cost is amortized When a company obtain ...View the full answer

Financial Accounting A User Perspective

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