Q26 - A machine was purchased for $125,500 during August; the cost included $750 in...
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Accounting
Q26 - A machine was purchased for $125,500 during August; the cost included $750 in supplies that would be used with the new machine. The company had to pay $6,000 for to have the machine shipped. The capitalized cost of the equipment is
$125,500.
$126,250.
$131,500.
$132,250.
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