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upton upton
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4 years ago
R.J. Berkshire incurred the following expenditures to buy new equipment:

Invoice, subject to 4% discount   $22,000
Installation cost   1,500
Insurance for equipment after installation   300
Sales tax   1,200
Discount taken

The amount the Equipment account will be debited for is ________.
Textbook 

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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4 years ago
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More questions for this book are available here
$23,820 (22000 × .96) + 1500 + 1200
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