Please give me answer general accounting Worthington Chandler Company purchased equipment for$36,000. Sales tax on the purchase was $2,400. Other costsincurred were freight charges of $600, repairs of $350 fordamage during installation, and installation costs of $675.What is the cost of the equipment?a. $36,000b. $38,400c. $39,675d. $40,725

Step 1: Define EquipmentEquipment is recognized as a device or machine used by companies to…

Answered: Worthington Chandler Company purchased…

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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