ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 120

a. offset against interest cost incurred during construction.

b. used to reduce the cost of assets being constructed.

c. multiplied by an appropriate interest rate to determine the amount of interest to be capitalized.

d. recognized as revenue of the period.

a. offset against interest cost incurred during construction.

b. used to reduce the cost of assets being constructed.

c. multiplied by an appropriate interest rate to determine the amount of interest to be capitalized.

d. recognized as revenue of the period.