WEEK 7 Post 2 – DISCUSSION

Codification Research Case

Your client is in the planning phase for a major plant expansion, which will involve the construction of a new warehouse. The assistant controller does not believe that interest cost can be included in the cost of the warehouse, because it is a financing expense. Others on the planning team believe that some interest cost can be included in the cost of the warehouse, but no one could identify the specific authoritative guidance for this issue. Your supervisor asks you to research this issue.
Instructions

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Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

Access FASB Codification using the below link,user id and pass word

 (Links to an external site.)http://aaahq.org/Research/FASB-GARS (Links to an external site.)

Username – AAA53479

Password – 6qDXX9y

to log in and prepare responses to the following. Provide Codification references for your responses.

(1) Discuss which assets qualify for interest capitalization and why.

PLEASE PROVIDE 200 WORDS WITH REFERENCES