Start learning →

For a business park of usable buildings, capitalisation stops when?

AThe whole park is done
BEach building is ready
CThe financial year ends
DThe first rent is paid
Answer & Solution
Correct answer: B. Each building is ready
Where each part can be used while others are built, capitalisation ceases on each part when that part is substantially ready.
Practise this question with Quill — CA Final →

Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property

Browse all Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property lesson →
Related questions