Which of the following items should not be capitalized relating to fixed assets?
A) Interest payable on loans or deferred credits taken for the acquisition or construction of fixed assets before they are ready for use
B) Stand by equipment and servicing equipment
C) Expenditure incurred on test runs and experimental production
D) Administration and general expenses
Correct Answer:
Verified
Q2: Which of these errors affect only one
Q3: Which of these errors affect two or
Q4: Which of the following error is an
Q5: Which of the following is an one
Q6: Any gain on the sale of non-current
Q7: Cash book records-
A)Only cash sales .
B)All types
Q8: In a three column cash book ----------
Q9: Which of these transactions will not be
Q10: The closing balance of a petty cash
Q11: Which column of a cash book will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents