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ipn [44]
3 years ago
14

Boone Company purchased a piece of machinery by paying $18,000 cash. In addition to the purchase price, the company incurred $80

0 freight charges. The machine has an estimated useful life of 5 years and will require $600 for insurance over that period. Boone Company would record the cost of the machine at
Business
1 answer:
Mkey [24]3 years ago
4 0

Answer:

The correct answer is $18920.

Explanation:

Boone Company purchased a piece of machinery by paying $18,000 cash.

In addition to the purchase price, the company incurred $800 freight charges.

Estimated useful life of the machine is 5 years and will require $600 for insurance over that period.

So insurance money for a year = $ (\frac{600}{5} ) = $120.

Boone Company would record the cost of the machine at  $ ( 18000+ 800+ 120) = $ 18920.

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Correct/Complete Question:

The United States produces computers and sells them to Russia. At the same time, Russia produces cars and sells them to the United States. Suppose there is an appreciation in the dollar. This will​ cause:

Answer:

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3 years ago
When was the articles of confederation written
Phantasy [73]
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Requisitioning an OTC item to use for script fulfillment included
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ohaa [14]

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True

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