Business, 25.06.2020 03:01 jazmaine1217

Orion Flour Mills purchased a new machine and made the following expenditures: Purchase price $60,000 Sales tax 5,250 Shipment of machine 850 Insurance on the machine for the first year 550 Installation of machine 1,700The machine, including sales tax, was purchased on account, with payment due in 30 days. The other expenditures listed above were paid in cash. Required: Record the above expenditures for the new machine.

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Orion Flour Mills purchased a new machine and made the following expenditures: Purchase price $60,00...