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Which of the following statement is correct about Capitalization of interest? Select one: a. Capitalization...

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Accounting

Which of the following statement is correct about Capitalization of interest?
Select one:
a. Capitalization of interest results in interest being added to a fixed asset instead of expensed.
b. Capitalization of interest results in interest being added to expenses instead of a fixed asset.
c. Capitalization of interest results in interest being added to a current asset instead of expensed.
d. None of the above.

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