16)

A company purchases machinery for $10,000. It also spends $800 to ship it to its location, $600 to unpack and install it, $500 to test and debug it, and $300 to fix a crack caused by an accident during installation. The total cost of this machinery is

		$10,000
		$11,100
		$12,200
		$11,900

17)

When preparing a bank statement reconciliation, an NSF check should be

		an addition to the Bank Statement balance.
		an addition to the Book balance.
		a deduction from the Book balance.
		a deduction from the Bank Statement balance.

18)

At the end of 2019, the company's unadjusted trial balance reported the following selected amounts:

Accounts receivable $355,000 debit

Allowance for uncollectible accounts    $500 credit

Net sales $800,000 credit

Assume the company determines its bad debt expense based on an aging which indicates that $1,775 is uncollectible. What amount should be debited to Bad Debt Expense when the year-end adjusting entry is prepared?

		$2,275
		$1,275
		$500
		$1,775