6-Which of the following will not be included in the cost of Machine? a. Installation cost of machine b. Cost of purchase paid to the supplier c. Fines paid for not obtaining the import permit d. Cost of packing incurred

6-Which of the following will not be included in the cost of Machine? a. Installation cost of machine b. Cost of purchase paid to the supplier c. Fines paid for not obtaining the import permit d. Cost of packing incurred

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

6-Which of the following will not be included in the cost of Machine?

Installation cost of machine

Cost of purchase paid to the supplier

Fines paid for not obtaining the import permit

Cost of packing incurred

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