Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ 800.
At which of the following amounts would the machine be recorded?
a) $16,000 b) $22,000 c) $16,800 d) $22,800
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ ...” 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
Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the playoffs. Rich's hometown team, the Whalers, are interested in him. If the Whalers sign Rich for $2.
Answers (1)
Bob deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later, Bob withdraws his $105. If inflation was 7 percent during the year the money was deposited, then Bob's purchasing power has increased by 2 percent.
Answers (1)
You get 4% interest on 2000 in your bank account how much do u have after 5 years
Answers (1)
Julia bought a used car. She found out after she made the purchase that the car had previously been in an accident. What right was Julia denied?
Answers (1)
What does an operating system do? A. It operates the mouse, but not the other hardware. B. It allows the computer to start up and function. C. It tells the computer user how to operate the computer. D.
Answers (1)
New Questions in Business
Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $28,000 were put into production. Direct labor of $28,000 (10 workers x 100 hours x $28 per hour) was incurred.
Answers (1)
The permanent income hypothesis suggests that consumer: a. spending is made up of an autonomous amount and an amount dependent on disposable income. b. savings depends on one's lifetime income. c.
Answers (1)
Is a speculative stock high risk
Answers (1)
Which organization has the authority over the accounting and financial disclosures for companies whose shares of ownership (stock are traded and sold to the public?
Answers (1)
The line of maximum possible output on a production possibility graph is also called A. the goal. B. the most efficient outcome. C. the desirable quarter result. D. the production possibility frontier.
Answers (1)