If borrowed funds are idle and invested in income-generating investments, is interest to be capitalized reduced by

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If borrowed funds are idle and invested in income-generating investments, is interest to be capitalized reduced by the amount of interest earned?

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Jul 19, 2016 05:49 AM

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If borrowed funds are idle and invested in income-generating investments, is interest to be capitalized reduced by

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