Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ 800.

At which of the following amounts would the machine be recorded?

a) $16,000 b) $22,000 c) $16,800 d) $22,800

Question

Shawn

Business

14 September, 06:44

Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ 800.

At which of the following amounts would the machine be recorded?

a) $16,000 b) $22,000 c) $16,800 d) $22,800

+5

Answers (1)

Know the Answer?

Ishaan · Answer 1

A) 16,000 because the other two requirements are added to the machine after it is all paid for unless the insurance is bought with the machine which then it would be C) 16,800

Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ 800.At which of the following amounts would the machine be recorded?a) $16,000 b) $22,000 c) $16,800 d) $22,800

Danube Corp. purchased a used machine for $ 16,000. The machine required installation costs of $ 6,000 and insurance while in transit of $ 800.

At which of the following amounts would the machine be recorded?

a) $16,000 b) $22,000 c) $16,800 d) $22,800