Shirley Basler Company incurs these expenditures in purchasing a truck: cash price $18,000; accident insurance (during use)

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Shirley Basler Company incurs these expenditures in purchasing a truck: cash price $18,000; accident insurance (during use) $2,000; sales taxes $900; motor vehicle license $300; and painting and lettering $600. What is the cost of the truck?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471347743

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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