Question: Dependable Courier purchased four vehicles at a total cost of $55,500. The appraised values of the individual vehicles were as follows: Vehicle 1 ..... $12,390
Dependable Courier purchased four vehicles at a total cost of $55,500. The appraised values of the individual vehicles were as follows:
Vehicle 1 ..... $12,390
Vehicle 2 .....13,570
Vehicle 3 .....15,930
Vehicle 4 .....17,110
What amounts should be recorded as the cost for each of the vehicles in Dependable Courier’s accounts?
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