On March 1, Wright Company purchased new equipment for $52,500 by paying cash. Other costs associated with the equipment were: transportation costs, $1,500; sales tax paid $3,500; and installation cost, $3,000. At what amount will the equipment be recorded on a balance sheet?
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Business, 21.06.2019 19:30
Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t
Answers: 1
Business, 22.06.2019 10:20
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
On March 1, Wright Company purchased new equipment for $52,500 by paying cash. Other costs associate...
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