a) Public infrastructures
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
During the construction period of these assets, the cost of the construction shall be charged to construction in progress account and the same shall be credited upon completion. Assets under this category are not subject to
a) Public infrastructures
b) Other leasehold improvements
c) Leasehold improvements- land
d) Land improvements
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