ACC 363 - P10-3A - PROBLEM 10-3A (a) (1) Purchase price....

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PROBLEM 10-3A (a) (1) Purchase price. ................................................................... $38,500 Sales tax. ............................................................................. 2,200 Shipping costs. ................................................................... 175 Insurance during shipping. ............................................... 75 Installation and testing. ..................................................... 50 Total cost of machinery. ............................................ $41,000 Machinery. ............................................................ 41,000 Cash. ............................................................. 41,000 (2) Recorded cost. .................................................................... $41,000 Less: Salvage value. ......................................................... 5,000 Depreciable cost. ................................................................ $36,000
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This note was uploaded on 03/13/2010 for the course ACC ACC 363 taught by Professor Mariaburgos during the Spring '09 term at University of Phoenix.

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ACC 363 - P10-3A - PROBLEM 10-3A (a) (1) Purchase price....

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