Capitalization of borrowing cost should not cease when

Related MCQs

• An entity shall cease capitalizing borrowing cost when
• Borrowing cost do not include,
• Borrowing cost are,
• Total borrowings used for construction of an office building are Rs.30, 00000. Entity issued 8% debentures worth 10,00000 for this purpose and balance amount was utilized from its common pool including 10% bank loan of Rs.1000000 and 9.5% bank loan of Rs.1000000. What is the amount of borrowing cost to be capitalized?
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• Cost of inventory is a sum of
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• A biological asset used in agricultural activity whose fair value is readily determinable without undue cost or effort is accounted for using: