The principle of matching “cost against revenue” is the
2013年12月16日

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piphone x cases American. Thirty years’ experience as an actress in motion pictures. Mobile still and more affable than rumour would have it. Interest expenses on borrowings are eligible for capitalization if said borrowings were used to finance long term project costs. The principle of matching “cost against revenue” is the underlying tenet that governs this rule, and not necessarily the principle of “future years’ benefits.” Inasmuch as the interest expense involved is substantial, but with no revenue existing to match the cost incurred, recognizing it as expenses for the year will result in an understatement of income for the said year. Hence, generally acepted accounting principles require that the interest expenses on borrowings related to long term project investments be capitalized iphone x cases.
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