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vodomira [7]
3 years ago
9

The acquisition costs of property, plant, and equipment do not include: a. The ordinary and necessary costs to bring the asset t

o its desired condition and location for use. b. The net invoice price. c. Legal fees, delivery charges, installation, and any applicable sales tax. d. Maintenance and repair expenditure during the first 180 days of use.
Business
1 answer:
Anna35 [415]3 years ago
6 0

Answer:

Maintenance costs during the first 30 days of use

Explanation:

As we know that

The asset are classified into three types i.e current asset, fixed assets, and the intangible asset

The fixed asset is also known as a long term asset which includes the plant & machinery, land & building, furniture & fixtures, etc

In addition, the purchasing price or acquisition cost of the land, plant and equipment covers the required costs used to get the asset in the desired condition and place of use, the net invoice price plus the legal fees, the shipping fees, the installation and any related sales tax, but the maintenance and repair expenses are not included in the purchase price for first 30 days of use

The last option is incorrect it should be 30 days instead of 180 days

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3 years ago
A truck that cost $36,000 and on which $30,000 of accumulated depreciation has been recorded was disposed of for $5,000 cash. th
Zielflug [23.3K]
Hi there
First find the book value of the truck
Book value=
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=6,000

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So the answer is
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Good luck!
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3 years ago
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Alik [6]

Answer:

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Explanation:

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This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

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6 0
3 years ago
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The actual correct answer is A railroads

4 0
3 years ago
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6 0
3 years ago
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