ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 121

40.

Interest cost that is capitalized should

a. be written off over the remaining term of the debt.

b. be accumulated in a separate deferred charge account and
written off equally over a 40-year period.

c. not be written off until the related asset is fully depreciated
or disposed of.