Accountancy, asked by kbrajput143, 6 months ago

as 16 borrowing cost for the enterprise

Answers

Answered by vcbasanal

Answer:

The borrowing costs that directly relate with the acquisition, construction or production of a qualifying asset need to be capitalized as a part of the cost of the asset. Thus, as per AS 16, you need to determine the amount of the borrowing costs that are eligible for capitalization.

Explanation:

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