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Question 8 Tries remaining Marked out of 2.00 P a question $32.000 312360 Acquisition Cost of Long-Lived Asset The following
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Answer #1

Acquisition cost = 31360 ( purchase price ) + Cost of printing company logo 240 + Freight 330 + New battery 180 = $ 32110

All those costs are capitalised which are incurred in acquiring the asset and putting it in a usable condition.

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