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Business, 09.12.2021 15:10 SoccerHalo

A company purchased a piece of equipment by paying $5,000 cash. A shipping cost of $400 to get the equipment to its factory was also incurred. The fair value of the equipment was $7,000 at the time of the purchase. For what amount should the company record the equipment

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A company purchased a piece of equipment by paying $5,000 cash. A shipping cost of $400 to get the e...
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