Economy, asked by Janvi6218, 1 year ago

(b) what are the objectives for capitalizing interest?

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Answered by Suvi18
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The objectives of capitalizing interest are (a) to obtain a measure of acquisition cost that more closely reflects the enterprise's total investment in the asset and (b) to charge a cost that relates to the acquisition of a resource that will benefit future periods against the revenues of the periods benefited.
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