Far 3 Flashcards
1
Q
Capitalized Interest
A
the Lessor of the total interest incurred or the avoidable interest
2
Q
aging method of calculating uncollectible accounts
A
multiplying receivables by the uncollectible percentage
Capitalized Interest
the Lessor of the total interest incurred or the avoidable interest
aging method of calculating uncollectible accounts
multiplying receivables by the uncollectible percentage