Shirley Basler Company incurs the following expenditures in purchasing a truck: cash price ($ 18,000), accident insurance

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Shirley Basler Company incurs the following expenditures in purchasing a truck: cash price \(\$ 18,000\), accident insurance \(\$ 2,000\), sales taxes \(\$ 900\), motor vehicle license \(\$ 100\), and painting and lettering \(\$ 400\). What is the cost of the truck?

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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