f)Facetook .(4) WhatsApp e Solved: Accounting for a / Connect C | connect.htrri
ID: 2573243 • Letter: F
Question
f)Facetook .(4) WhatsApp e Solved: Accounting for a / Connect C | connect.htrri I https://new cor Down nad music, Secure ::: Apps Ro k marks m- RU Usemame Rlackboard earn The Ricklist Watch O "atm Ma es Onlir HRU Port -Top 100 M ies of A How to DrortNate To TH2 w r Rase l my it Chap 6 Prob 22 Help Save & Exit Submit Check my work Trinkle Company made several purchases of long-term assets in 2018. The details of each purchase are presented here New Office Equipment 10 1. List price: $37,700, terms: 2/10, n/30; paid within the discount period. 2. Transportation-in: $890. 3 Installation: $420 4. Cost to repair damage during unloading: S562 5. Routine maintenance cost efter eight months: $140. points Skipped References Basket Purchase of C pier, Computer, and Scanner for $49.600 with Fair Market Values 1. Copler, $20,930 2. Computer, $11,362 3. Scanner, $27,508 Land for New Warehouse with an Old Building Torn Down 1. Purchase price, $75,000 2. Demolition of bulding, $5,350 3. Lumber sold from old building, $1,830. 4. Grading in preparation for new building, $8,500. 5. Construction of new building, $290,000. Prey 1 of 1 Next Hill 11 AM O Type here to search f. ^d:) ING 11/16/2017Explanation / Answer
Asset Allocated cost 1 New office equipment 39572 Total Cost till the time we bring asset to use will be capitalised Basket Purchase Allocated cost 1 Copier 20930 2 Computer 11362 3 Scanner 27508 Total Land & Building Assets Allocated cost Cost of land 75000 Construction Cost 302020 Total Cost 377020
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.