What amount of borrowing costs should be capitalized as cost of the asset? * a. P 360,000 b. P 310,000 c. P 328,750 d. P 327,500
What amount of borrowing costs should be capitalized as cost of the asset? * a. P 360,000 b. P 310,000 c. P 328,750 d. P 327,500
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter10: Property, Plant And Equipment: Acquisition And Subsequent Investments
Section: Chapter Questions
Problem 18E
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What amount of borrowing costs should be capitalized as cost of the asset? *
a. P 360,000
b. P 310,000
c. P 328,750
d. P 327,500
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