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Equipment Purchase 1313 unread replies.1313 replies. Your primary business is selling printers and you just purchased 10 at $10,000 each for $100,000 cash. 1. One

Equipment Purchase

1313 unread replies.1313 replies.

Your primary business is selling printers and you just purchased 10 at $10,000 each for $100,000 cash.

1. One will be used by sales as a demo for 3 months and then sold

2. One will be used by accounting assuming a 3-year service life.

3. One will be used on an R&D project on a 2-year project.

4. The rest will be sold.

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