Business, 21.04.2020 23:22 trent1002brown

Assume your company purchases a new computer with an invoice price of $40,000. You also paid sales tax of $2,000, shipping and preparation costs of $3,000, and insurance for the first year of operation is $4,000. At what amount should the computer be recorded on the balance sheet prior to recording depreciation expense?
A.. $40,000.
B. $42,000.
C. $43,000.
D. $45,000.
E. $49,000

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Assume your company purchases a new computer with an invoice price of $40,000. You also paid sales t...

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