Assume that the cash balance for total company on 15/1/2019 is 70,500. Total purchased machine for...

 

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Assume that the cash balance for total company on 15/1/2019 is 70,500. Total purchased machine for preparing coffee. Below are the details of expenses related to the machine: Purchase price/trade discount 3.5%. 30,000 Shipping fees 100 Installation fees 150 Expected Expenditures of removing machine at the end of its useful life 300 Answer 10 and 11 using the above information: 10- cash account balance after this transaction is: ? Assume that the cash balance for total company on 15/1/2019 is 70,500. Total purchased machine for preparing coffee. Below are the details of expenses related to the machine: Purchase price/trade discount 3.5%. 30,000 Shipping fees 100 Installation fees 150 Expected Expenditures of removing machine at the end of its useful life 300 Answer 10 and 11 using the above information: 10- cash account balance after this transaction is: ?

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The total cost of the machine including all exp... View the full answer