TMI BlogConstruction Costs: Assured Returns to Customers Must Be Capitalized, Not Revenue Expenses, in Construction Projects.Allowability of revenue expenses in construction business - giving assured returns to customers from whom capital was received should form part of construction project and should be capitalized - these expenses are not in nature of ‘selling cost’ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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