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IND AS 23

Financial Reporting

Sir, why on 50,000 it is taken 10/12 , the money is applied on august and not on april?

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Swathi Krishna

CA Final

★ 8K+

24-Feb-24 00:51

121

Answers (2)

this one the institute answer

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Thread Starter

Swathi Krishna

CA Final

★ 8K+

24-Feb-24 00:51

For specific borrowings, the entire cost of borrowings will be capitalised irrespective of time of usage. The only condition is to "use" only

manideep martha

CA Final

★ 10K+

26-Feb-24 12:41

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