Holman Enterprises acquired three different pieces of furniture and equipment for its newly renovated office. The bulk

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Holman Enterprises acquired three different pieces of furniture and equipment for its newly renovated office. The bulk purchase from Wonder Technologies, Inc. included the following assets and corresponding retail prices: office furniture, $ 1,800; an integrated telephone system, $ 3,700; and a desktop computer system, $ 4,500. Wonder charged a bulk price of $ 6,000. Determine the value assigned to each asset.
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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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