cost of equipment?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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details.
On February 1,2021, the entity purchased equipment amounting to P400,000 with
2/10 n/30 terms. The delivery cost is P100,000 . The entity paid after 30 days. How
much is the cost of equipment?
O 392,000
O 400,000
O 492,000
O 500,000
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