SHOW ALL CALCUATIONS TO EARN POINTS. NO POINTS WILL BE AWARDED FOR A SINGLE NUMBER ANSWER. Jon Snow, Inc. purchased a ne

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

SHOW ALL CALCUATIONS TO EARN POINTS. NO POINTS WILL BE AWARDED FOR A SINGLE NUMBER ANSWER. Jon Snow, Inc. purchased a ne

Post by answerhappygod »

SHOW ALL CALCUATIONS TO EARN POINTS. NO POINTS WILL BE AWARDED
FOR A SINGLE NUMBER ANSWER. Jon Snow, Inc. purchased a new machine.
Calculate the cost of the machine that should be capitalized on the
Balance Sheet: Invoice Price 3,000,000 Freight Costs 30,000 Sales
Tax 150,000 Fine incurred during transit 750 Cost of electrician
during installation 1,500 Spare parts needed for the machine 2,000
Cost of special base needed for the machine 3,500 One year
insurance policy for the machine 2,400 Insurance during the
shipping of the machine 1,000 You received a 1% discount on the
invoice price 30,000
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply