PQ Awards Nominations

Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

loan

This topic has 1 reply, 2 voices, and was last updated 1 month ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
December 16, 2022 at 10:35 am #674743
xyzc
Participant
- Topics: 363
- Replies: 130
If a loan is drawn on 1 january 20×9 and some of the loan is not utilised until 1 july 20×9 and is invested then that amount of the loan not utilised and invested would not be capitalised until it is withdrawn from being invested and being utilised
December 30, 2022 at 8:37 am #675195
P2-D2
Keymaster
- Topics: 4
- Replies: 6473
Correct. We can only capiise from 1 July and it is then when also and income received from the investment of the funds can be netted off against what is capitalised from the borrowing costs.
Thanks.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.