Herb Scholl, the owner of Scholls Company, wonders whether interest costs associated with developing land can ever

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Herb Scholl, the owner of Scholl’s Company, wonders whether interest costs associated with developing land can ever be capitalized. What does the Codification say on this matter?

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Question Posted: Jun 03, 2013 02:30 AM

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Herb Scholl, the owner of Scholls Company, wonders whether interest costs associated with developing land can ever

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According to FASB ASC 83520158 Capitalization of Land Expenditures it depends Land that ...View the full answer

Intermediate Accounting

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