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1 Ross Company incurs these expenditures in purchasing a truck: cash price $25,000, accident insurance (during use) $2,000, sales taxes $1,100, motor vehicle license $400,

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1 Ross Company incurs these expenditures in purchasing a truck: cash price $25,000, accident insurance (during use) $2,000, sales taxes $1,100, motor vehicle license $400, and painting and lettering $1,900. What is the cost of the truck? 2 Harper Company had the following two transactions related to its delivery truck. What cost should be added to the delivery truck account? 1.Paid $38 for an oil change. 2.Paid $500 to install special shelving units, which increase the operating efficiency of the truck

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