Q27. Assume U.S.GAAP (generally accepted principles) applies unless otherwise noted. Northern Cooking is a restaurant that operates in a rented space in a downtown shopping complex While getting the restaurant ready to open, the company incurred renovation costs including the installation of lighting fixtures, flooring, and the alteration of the interior decor of the space. These costs would be classified on Northern Cooking’s financial statements as: A. leasehold improvements B. buildings and equipment. C. Assets under operating leases D. Expenses in the year incurred. | 
发表于 2007-10-25 19:18
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