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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Danube Corp. purchased a used machine for $17,000. The machine required installation costs of $7,000 and insurance while in transit of $600. At which of the following amounts would the machine be recorded?
A) $24,600
B) $17,600
C) $24,000
D) $17,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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.unplugged..unplugged.
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7 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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