1 Kegler Bowling buys scorekeeping equipment with an invoice cost of $185,000. The electrical work required for the inst

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1 Kegler Bowling Buys Scorekeeping Equipment With An Invoice Cost Of 185 000 The Electrical Work Required For The Inst 1 (20.23 KiB) Viewed 28 times

1 Kegler Bowling buys scorekeeping equipment with an invoice cost of $185,000. The electrical work required for the installation costs $19,000. Additional costs are $3,800 for delivery and $13,300 for sales tax. During the installation, the equipment was damaged and the cost of repair was $1,795. 2 points eBook Prot Required: Indicate whether each cost should be included in the cost of the equipment or excluded and expensed as incurred. Costs Invoice cost Electrical work required for installation Delivery costs Sales tax Repair costs Total recorded cost Amount $ 185,000 19.000 3,800 13.300 1,795 Included or Excluded Account