Question

Which of the following expenditures would be included in the cost of a fixed asset? a....

Which of the following expenditures would be included in the cost of a fixed asset?

a. Mistakes in installation

b. Sales taxes

c. Uninsured theft

d. Vandalism

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Answer #1

Option (b) Sales taxes would be included in the cost of fixed asset Explaination If a company buys fixed asset it includes sa

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