Bowl-4-Fun installs automatic scorekeeping equipment with an invoice cost of $180,000. The elec trical work required for
Question:
Bowl-4-Fun installs automatic scorekeeping equipment with an invoice cost of $180,000. The elec¬ trical work required for the installation costs $18,000. Additional costs are $3,000 for delivery and $12,600 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $2,250. What is the total recorded cost of the automatic scorekeeping equipment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
Question Posted: