Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. yang company purchased equipment on january 1 at a

Yang Company purchased equipment on January 1 at a list price of yen 750,000, with...

60.1K

Verified Solution

Question

Accounting

image
Yang Company purchased equipment on January 1 at a list price of yen 750,000, with credit terms 2/10, n/30. Payment was made within the discount period and Yang was given a yen 15,000 cash discount. Yang paid yen 37, 500 sales tax on the equipment, and paid installation charges of yen 13, 200. Prior to installation, Yang paid yen 30,000 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A tank contains 2340 L of pure water. A solution that contains 0.07 kg of sugar...

Basic Math
Q

Moving to another question will save this response estion 3 Sudan IV a dye that...

Biology
Q

A thermodynamic cyclic process abcd has two isothermals one isobaric and one isochoric process as...

Physics
Q

A 10 kmph south B 10 2 kmph north east 10 2 kmph north D...

Physics
Q

1 A sample of wax requires heat to melt and become a liquid What type...

Basic Math
Q

K Use the given xy pairs to complete parts a through d a Identify the...

Basic Math
Q

In the expansion of x 2 r the last term is 32 What is the...

Basic Math
Q

An employee s monthly productivity M in number of units produced is found to be...

Calculus
Q

An analyst observed a decrease in a companys days in sales outstanding (DSO). Which of...

Accounting
Q

What key challenge faced by companies in the mortgage lending business, for example Housing...

Accounting
Q

Prepare a business blueprint document (take SAP sample template from google). The business blueprint will...

Accounting
Q

statements (in millions): \table[[Net Sales Revenue,2017,2018],[Cost of Goods Sold,$3,700,$3,160

Accounting