Question: Chapter 10 Assignments 6 Help Save & E Chec QS 10-1 Cost of plant assets LO C1 588 Kegler Bowling installs automatic scorekeeping equipment with
Chapter 10 Assignments 6 Help Save & E Chec QS 10-1 Cost of plant assets LO C1 588 Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the Installation costs $20,000. Additional costs are $4,000 for delivery and $13.700 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $1850 What is the total recorded cost of the automatic scorekeeping equipment? References Included Excluded DR Machinery DR Expense Invoice cost Electrical work required for installation Delivery costs Sales tax Repair costs Total cost $ 150.000 20 000 400O 13.7001 1050 $ 229.550 Prev 1 of 17 i Next >
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
