Capitalization of interest on unsecured loan
This query is : Resolved
17 June 2016
Plz answer,
Whether interest paid on unsecured loan can be capitalized with the cost incurred by the firm engaged in the business of construction of building?
Whether interest paid on unsecured loan can be capitalized with the cost incurred by the firm engaged in the business of construction of building?
17 June 2016
loan for using the purchase of assets then till assets not come in use condition then you capitalised the interest.
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