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Business, 05.05.2020 21:46 angelmosby9
On March 1, Bartholomew Company purchased a new stamping machine with a list price of $70,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $1,300; sales tax paid, $3,120; installation costs, $1,000; routine maintenance during the first month of operation, $1,200. The cost recorded for the machine was:
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On March 1, Bartholomew Company purchased a new stamping machine with a list price of $70,000. The c...
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