how is interest normally treated in the acquisition cost of a long-term asset? ...
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how is interest normally treated in the acquisition cost of a longterm asset? Group of answer choices Expensed when it is incurred, interest is not included. Include in the acquisition cost of the asset. Capitalized with the longterm asset. Added to nonoperating revenue.
how is interest normally treated in the acquisition cost of a longterm asset?
Group of answer choices
Expensed when it is incurred, interest is not included.
Include in the acquisition cost of the asset.
Capitalized with the longterm asset.
Added to nonoperating revenue.
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