Transaction costs must be capitalized except when the investment is accounted for under the fair value to net income model.

Question

Quizplus · Accepted Answer

According to Accounting Standards Codification (ASC) 835-20-25-2, transaction costs must be capitalized as an increase to the cost of the investment and cannot be expensed except when the investment is accounted for under the fair value to net income model.

Transaction Costs Must Be Capitalized Except When the Investment Is