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Business, 13.07.2020 22:01 youngboymark123

Salvia Company recently purchased a truck. The price negotiated with the dealer was $44,500. Salvia also paid sales tax of $2,900 on the purchase, shipping and preparation costs of $3,900, and insurance for the first year of operation of $4,900. At what amount should the truck be recorded on the balance sheet prior to recording depreciation expense

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Salvia Company recently purchased a truck. The price negotiated with the dealer was $44,500. Salvia...

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