On march 1, bartholomew company purchased a new stamping machine with a list price of $85,000. the company paid cash for the machine; therefore, it was allowed a 5% discount. other costs associated with the machine were: transportation costs, $2,800; sales tax paid, $6,120; installation costs, $1,750; routine maintenance during the first month of operation, $2,700. the cost recorded for the machine was:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On march 1, bartholomew company purchased a new stamping machine with a list price of $85,000. the company paid cash for the machine; ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Coat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking to take over as the market share leader in the segment.
Answers (1)
Letts Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports.
Answers (1)
Which two were weaknesses of the Articles of Confederation? A. The federal government could not levy taxes. B. The executive branch was more powerful than Congress. C. The federal government could not raise an army. D.
Answers (1)
What is the name of the document that authorizes the start of construction?
Answers (1)
Which statement describes the term economics?
Answers (1)
New Questions in Business
Are morality & ethics the same thing?
Answers (1)
Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $10,000 not due for three years. The interest rate on the note is 7%.
Answers (1)
John recently accepted a job in the marketing department with the burbank bagel boys. after just a few days on the job, john learned that the company has many layers of management, and seems to have a rule to cover almost every situation.
Answers (1)
Leilani enters into a contract with Metro Taxi Company to work as a cabdriver. Under the plain meaning rule, if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from a. any relevant extrinsic evidence. b.
Answers (1)
Antonio would like to replace his golf clubs with a custom-measured set. A local sporting goods megastore is advertising custom clubs for $570 , including a new bag. In-store financing is available at 2.
Answers (1)