Wildhorse Co. purchased a delivery truck. The total cash payment was $45,042, including the following items. Negotiated purchase price Installation of special shelving Painting and lettering Motor vehicle license Two-year insurance policy Sales tax Total paid $37,200 The cost of the delivery truck 2,380 $ 700 Calculate the cost of the delivery truck. 190 2,340 2,232 $45,042

Wildhorse Co. purchased a delivery truck. The total cash payment was $45,042, including the following items. Negotiated purchase price Installation of special shelving Painting and lettering Motor vehicle license Two-year insurance policy Sales tax Total paid $37,200 The cost of the delivery truck 2,380 $ 700 Calculate the cost of the delivery truck. 190 2,340 2,232 $45,042

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 5EA: Steele Corp. purchases equipment for $25,000. Regarding the purchase, Steele recorded the following...

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