Home Repairs Company recently purchased a truck. The price negotiated with the dealer was $40.000 Home Repairs also paid sales tax of $2.000 on the purchase pping and preparation costs of $3,000, and insurance for the first year of operation of $1,000 At what amount should Home Repairs record the truck Multiple choice $40,000 $42.000 $45000 $49.000 Help Save The balance sheet of Mom & Pop's Burgers shows assets of $86,400 and liabilities of $15.000. The four value of the assets is 190,000 and the fair value of its Habilities is $15.000 When Mom & Pop's decided to go out of business Best Homemade Burgers paid Mom & Pop's $95.000 to acquire all of its and Mabes Best Homemade Rurgers should record goodwill on this purchase of Multiple Choice $3,600 $5.000 $20.000 $23.600 The Astros Enterprise replaced a major component of a piece of equipment. This replacement increased the productive capacity equipment tom per to 19 ur per hout the expenditure for the replacement component should be debied to M Chec o Repairs Expense Maitenance Expense Ement Gain from Repairs Kiemcy Palo Alto, CA subsidiary of CVS has provided you with the following Information before any year endnuments in the annot put a decimal places Do not put a slyn Put the appropriate com Net credit sales are $360,000 Historical percentage of credit losses is Allowance for doubthail accounts as a credit balance of 53000 Accounts receivables ending balance is $47.000 What is the estimated bad debit expense using the percentage of credit sales method? Fol in the answer. Do NOT put any decimal places. Do NOT put a $ sign. Put appropriate comena where relevant only Fill in the blank