Question: need help with this question please QUESTION 6 A company is constructing an asset for its use. Construction began in 2017. The asset is being

need help with this question please

QUESTION 6 A company is constructing an asset for its use. Construction began in 2017. The asset is being financed entirely with a specific new borrowing. Construction expenditures were made in 2017 and 2018 at the end of each quarter. The total amount of interest cost capitalized in 2018 should be determined by applying the interest rate on the specific new borrowing to the total accumulated expenditures for the asset in 2017 and 2018. weighted average accumulated expenditures for the asset in 2017 and 2018. weighted average expenditures for the asset in 2018. total expenditures for the asset in 2018. QUESTION 7 Which of the following nonmonetary exchange transactions may result in recorded gains or losses? Exchange of assets with no difference in future cash flows. Exchange of products by companies in the same line of business with no difference in future cash flows Exchange of assets with a difference in future cash flows. Exchange of equivalent interest in similar productive assets that causes the companies involved to remain in

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