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Wildhorse Co. purchased equipment and these costs were incurred: Cash price $65000 Sales taxes 4300 Insurance during transit 710 Installation and testing 860 Total
Wildhorse Co. purchased equipment and these costs were incurred: Cash price $65000 Sales taxes 4300 Insurance during transit 710 Installation and testing 860 Total costs $70870 Wildhorse will record the acquisition cost of the equipment as $69300 $70010. $70870. $65000.
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Financial Accounting Reporting, Analysis And Decision Making
Authors: Shirley Carlon
6th Edition
0730363279, 9780730363279
