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You can use it.
However, IAS 17 Leases is no longer, it is now IFRS 16 Leases.
Hello everybody.
Could you help me to solve this question?
Foster has built a new factory incurring the following costs:
Land 1,200
Materials 2,400
Labour 3,000
Architect’s fees 25
Surveyor’s fees 15
Site overheads 300
Apportioned administrative overheads 150
Testing of fire alarms 10
Business rates for first year 12
7,112What will be the total amount capitalised in respect of the factory?
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