Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
majestico majestico
wrote...
Go to Answer
Posts: 1455
Rep: 6 0
6 years ago
The entry to record the purchase of a machine on account that costs $15,000, installation costs, $1,500, and freight, $700, would be:
A) debit Machinery $15,000; debit Expenses 2,200; credit Accounts Payable $17,200.
B) debit Machinery $16,500; debit Freight Expense 700; credit Accounts Payable $17,200.
C) debit Machinery $15,000; credit Accounts Payable $15,000.
D) debit Machinery $17,200; credit Accounts Payable $17,200.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 138 times
1 Reply
Replies
Answer verified by a subject expert
LaffioLaffio
wrote...
#1
Top Poster
Posts: 676
Rep: 19 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Teacher at Trios!

Related Topics

majestico Author
wrote...

6 years ago
Good timing, thanks!
GeorgeNeist
wrote...

Yesterday
You make an excellent tutor!
julymontalvo
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  938 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 474
  
 1260
  
 160
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Who will win the 2024 president election?