Business, 10.04.2020 21:49 bnnn

Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $195,000. The electrical work required for the installation costs $20,000. Additional costs are $4,000 for delivery and $14,015 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $1,900.
a. What is the total recorded cost of the automatic scorekeeping equipment?
b. Known liabilities:

a. Include accounts payable, notes payable, and payroll
b. Are obligations set by agreements, contracts, or laws
c. Are measurable
d. Are definitely determinable
e. All of the choices are correct

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Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $195,000. The elect...

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