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munch3208
Nov 18, 2008, 03:18 PM
A company building a new plant that will take 3 yrs to construct. The construction will be financed in part by funds borrowed during the construction period. There are significant architect fees, excavation fees, and building permit fees. The question is: Does all the cost be capitalized? How about the interest on borrowed funds?

I appreciate a response from anyone. Thank U!