Accounting · IAS 23 Borrowing Costs
Which of the following can be considered eligible borrowing costs under IAS 23 Borrowing Costs? 1. Premium on redemption of preference share capital2. Amortization of discounts on issue of convertible debt3. Interest expense calculated using the effective interest rate method4. Finance charges in respect of lease liabilities
- 11, 2, 3 and 4✓
- 21 and 4 only
- 32, 3 and 4 only
- 41, 2 and 3 only
Correct answer
1, 2, 3 and 4
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