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5 September, 14:13

In accordance with US Generally Accepted Accounting Principles, which of the following costs associated with long-lived assets are expensed, not capitalized? (Check all that apply.) Interest on loans to purchase the assets Delivery costs Installation costs Ordinary repairs and maintenance Immaterial repairs and maintenance

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  1. 5 September, 17:21
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    The answers are below

    Explanation:

    Interest on loans to purchase the assets

    Ordinary repairs and maintenance

    Immaterial repairs and maintenance
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