Assets that qualify for interest cost capitalization include Assets under construction for a company's own use. Assets
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Assets that qualify for interest cost capitalization include
- Assets under construction for a company's own use.
- Assets that are ready for their intended use in the earnings of the company.
- Assets that are not currently being used because of excess capacity.
- All of these assets qualify for interest cost capitalization.
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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