Question
E Company purchases a new delivery truck $60,000 . The sales taxes are 53,000, . The logo of the company is painted on the side
E Company purchases a new delivery truck $60,000 . The sales taxes are 53,000, . The logo of the company is painted on the side of the truck for $1,200 . The truck license is $120 . The truck safety testing for $220. What does E company record as the cost of the new truck?
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
4th Canadian Edition
0470155353, 978-0470155356
