Beautiful car repair shop bought a machine. The payments made by the company regarding the purchase...
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Beautiful car repair shop bought a machine. The payments made by the company regarding the purchase of this machine include the following elements: Purchase price (according to invoice) IDR 350,000,000 Shipping costs 1,200,000,- Loss insurance 700,000,- Tax 2,400,000,- Installation costs 1,000,000,- 2,500,000,- engine trial fee PMI Donation 200,000,- Requested: Determine the cost of the machines purchased by Car Repair Shop, and make a journal entry to record the purchase. Beautiful car repair shop bought a machine. The payments made by the company regarding the purchase of this machine include the following elements: Purchase price (according to invoice) IDR 350,000,000 Shipping costs 1,200,000,- Loss insurance 700,000,- Tax 2,400,000,- Installation costs 1,000,000,- 2,500,000,- engine trial fee PMI Donation 200,000,- Requested: Determine the cost of the machines purchased by Car Repair Shop, and make a journal entry to record the purchase.
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To determine the cost of the machine purchased by Car Repair Shop we need to add up all the payments ... View the full answer
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