Question: IFRS requires capitalizing actual interest ( with modification ) Consistent with historical cost . Capitalization considers three items: 1 . Qualifying assets. 2 . Capitalization

IFRS requires capitalizing actual interest (with modification) Consistent with historical
cost. Capitalization considers three items:
1. Qualifying assets.
2. Capitalization period.
3. Amount to capitalize.
Explain the above with numerical examples

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