Barbra Logistics incurred the following costs for a new delivery truck: Item Purchase Price Cost $95,000 $5,700 Sales Tax Delivery Charge from Seller's Location $2,100 Special Modifications for Refrigeration $7,500 Company Logo Painted on the Truck What is the cost of the delivery truck? $1,800

Barbra Logistics incurred the following costs for a new delivery truck: Item Purchase Price Cost $95,000 $5,700 Sales Tax Delivery Charge from Seller's Location $2,100 Special Modifications for Refrigeration $7,500 Company Logo Painted on the Truck What is the cost of the delivery truck? $1,800

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 5MC: Ngo Company purchased a truck for $54,000. Sales tax amounted to $5,400; shipping costs amounted to...

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What is the cost of the delivery truck?

Transcribed Image Text:Barbra Logistics incurred the following costs for a new delivery truck: Item Purchase Price Cost $95,000 $5,700 Sales Tax Delivery Charge from Seller's Location $2,100 Special Modifications for Refrigeration $7,500 Company Logo Painted on the Truck What is the cost of the delivery truck? $1,800

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