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Other Fields Homework Help Accounting Topic started by: wiliam789 on Jul 22, 2018



Title: Ballyhigh Company purchased equipment for $10,000. Sales tax on the purchase was $750. Other costs ...
Post by: wiliam789 on Jul 22, 2018
Ballyhigh Company purchased equipment for $10,000. Sales tax on the purchase was $750. Other costs incurred were freight charges of $500, repairs of $250 for damage during installation, and installation costs of $550. What is the capitalizable cost of the equipment?
A) $10,750
B) $11,000
C) $11,800
D) $12,050


Title: Ballyhigh Company purchased equipment for $10,000. Sales tax on the purchase was $750. Other costs ...
Post by: MP9 on Jul 22, 2018
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Title: Ballyhigh Company purchased equipment for $10,000. Sales tax on the purchase was $750. Other costs ...
Post by: wiliam789 on Jul 22, 2018
Tremendous help, I just double-checked it with my friend :D


Title: Re: Ballyhigh Company purchased equipment for $10,000. Sales tax on the purchase was $750. Other ...
Post by: Shelby Stillwell on Oct 6, 2020
Great explanation!