Equipment illustration

Equipment - $500 motor vehicle license $80 and a three-year accident insurance policy $1,600 Compute the cost of the delivery truck Answer 22,000

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Equipment illustration: Illustration: Lenard Company purchases a delivery truck at a cash price of $22,000. Related expenditures are sales taxes $1,320, painting and lettering
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Unformatted text preview: $500, motor vehicle license $80, and a three-year accident insurance policy $1,600. Compute the cost of the delivery truck. Answer : 22,000+1,320+500 = 23,820...
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This note was uploaded on 01/03/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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