=+Catherine Simpkins owns and operates Speedy Print Co. During February, Speedy Print Co. incurred the following costs

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=+Catherine Simpkins owns and operates Speedy Print Co. During February, Speedy Print Co. incurred the following costs in acquiring two printing presses. One printing press was new, and the other was used by a business that recently filed for bankruptcy.

Costs related to new printing press:

1. Sales tax on purchase price 2 Freight 3 Special foundation 4. Insurance while in transit

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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