This video was so clear to understand. You're an excellent teacher. I was struggling with this concept, but I didn't realize that if the specific amount borrowed for the project is greater than the weighted-average accumulated expenditures, then you don't have to compute the weighted-average interest on in any other outstanding debts mentioned in the word problem. 6:40 small detail that makes a big difference. Thanks for making sure to highlight that.
@AccountingLectures2 жыл бұрын
You're very welcome!Please take a look at my website for more resources: farhatlectures.com/
@auliafristi32866 ай бұрын
CLEARLY! THANKS❤
@AccountingLectures6 ай бұрын
Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/
@nuramieranatasya2 жыл бұрын
Thanks... It help me a lot
@AccountingLectures2 жыл бұрын
Thank you. Please connect with me: linktr.ee/farhatlectures
@nuramieranatasya2 жыл бұрын
@@AccountingLectures May I ask, how to record journal entry for major repair of PPE
@yuvareenajohn69524 жыл бұрын
What if they asked for interest to be capitalised for 2018 also
@serajabdullat9165 Жыл бұрын
what about the 150,000 for the land cost that the example mentioned ?? please answer
@NidhinCMA2 жыл бұрын
sir , why are we finding interest expense and what do we do with it?
@AccountingLectures2 жыл бұрын
Either expense or capitalize: Please take a look at my website for additional resources : farhatlectures.com/
@phuonghoanguyen9772 Жыл бұрын
Thank you so much
@AccountingLectures Жыл бұрын
Thank you and please visit the website for more farhatlectures.com/
@al-mahamud59672 жыл бұрын
If i take specific loan for construction and put this money in bank and earn interest income, how should it be treated as per IAS 23? should the interest income be deducted from avoidable interest or actual interest?