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AS16

Accountancy

Why the borrowing costs do not qualify capitalization? Because the extended period is necesaary for the asset to get ready for sale or intended use so the cost incurred during that period should also be capitalize right

Harshavardini

CA Inter

★ 180

06-Feb-24 09:01

213

Answers (1)

If active work is not happening and if that interruption is avoidable, do not capitalise

CA Suraj Lakhotia

Admin

06-Feb-24 09:13

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