Determine should million contribution made by the investor

Reference no: EM132480844

new Atlanta stadium and then answer the following question. Also, respond to a post made by one of your peers.

Question 1: Should the $15 million contribution made by the investors to 'Westside Works' be capitalized as part of the cost of the stadium?

Note that one of the requirements, for the investors to obtain approval for construction of the stadium, was that they contribute $15 million dollars to the 'Westside Works' free job training program.

Grading rubric:

Question 2: Identification of the general accounting principle relating to costs that can be capitalized.

Reference no: EM132480844

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