When constructing an item of property,plant and equipment,which of the following conditions must be met,for a borrowing cost to be capitalised at the commencement date?
A) Expenditure was incurred for the asset.
B) Expenditure was necessary to prepare the asset for use.
C) Borrowing costs were incurred.
D) All of the given answers are correct.

Question

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The Answer of When constructing an item of property,plant and equipment,which of the following conditions must be met,for a borrowing cost to be capitalised at the commencement date?
A) Expenditure was incurred for the asset.
B) Expenditure was necessary to prepare the asset for use.
C) Borrowing costs were incurred.
D) All of the given answers are correct.

When Constructing an Item of Property,plant and Equipment,which of the Following