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Amanda [17]
3 years ago
13

the list price of a computer was $100,000. the sales tax on the computer was 5%. the delivery cost was $1,000. the cost to assem

ble the computer was $500. the equipment account should be debited for a total of ______.
Business
1 answer:
Snowcat [4.5K]3 years ago
8 0

The equipment account should be debited for a total of $106,500.

Using this formula

Equipment account=List price+(Sales tax × List Price)+ Delivery cost+ Assemble cost

Where:

List price=$100,000

Sales tax=5%

Delivery cost=$1,000

Assemble cost=$500

Let plug in the formula

Equipment account=$100,000+(5%×$100,000)+$1,000+$500

Equipment account$100,000+$5,000+$1,000+$500

Equipment account=$106,500

Inconclusion the equipment account should be debited for a total of $106,500.

Learn more here:

brainly.com/question/20346970

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