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Jack's bake shop bought a new air-conditioning system when the old one stopped working. The invoice price for the system was $42,000. Jack's also had
Jack's bake shop bought a new air-conditioning system when the old one stopped working. The invoice price for the system was $42,000. Jack's also had the following expenses associates with the purchase: Delivery charge $1,922 Installation $3,253 Power to run the system for the first year $1,279. what amount should Jack's record on the books for the air-conditioning system?
I am so lost how to list it can you help me please? Thank you!
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