Question: On February 1 , 2 0 2 4 , a company began construction of a building for use in its operations. In 2 0 2
On February a company began construction of a building for use in its operations. In the company made the following construction expenditures for the building: $February ; $July ; $September ; $November On September the building was ready for occupancy, and the company began using the building for operations.
The company has the following debt:
$year construction note dated February interest payable annually February
$year note dated January interest payable annually January
$year note dated June interest payable annually June
point What is the specific date range of the capitalization period?
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