AlexisSchafer782 AlexisSchafer782

12-08-2020
Business

contestada

Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:

Respuesta :

14-08-2020

Answer:

The Asset is a Qualifying Asset.

Explanation:

Qualifying Assets take substantial period of time to get ready for its intended use and purpose and that will require capitalizing interest costs or borrowing cost to the asset.

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