new printing press should be debited to the asset account | |
1 | Fee paid to factory representative for installation |
2 | Freight |
3 | Insurance while in transit |
5 | Sales tax on purchase price |
6 | Special foundation |
used printing press should be debited to the asset account | |
7 | Fees paid to attorney to review purchase agreement |
8 | Freight |
9 | Installation |
10 | Replacement of worn-out parts |
b. EX 10-1 (pág. 490)-Determinación del costo de activos (4 puntos) EX 10-1 Costs of acquiring...
Costs of Acquiring Fixed Assets Melinda Stoffers owns and parts print cu Fet e costs in acquiring two printing presses. One printing press was w, and the other purchased from a business that recently filed for bankruptor a. Indicate which costs incurred in acquiring the new printing press (1-6 w ho debited to the asset account Item Debited to asset cu 1. Fee paid to factory representative for installation 2. Freight 3. Insurance while in transit 4. New parts to...
Costs of Acquiring Fixed Assets Melinda Stoffers owns and operates ABC Print Co. During February, ABC incurred the following costs in acquiring two printing presses. One printing press was new, and the other was purchased from a business that recently filed for bankruptcy. a. Indicate which costs incurred in acquiring the new printing press (1-6 below) should be debited to the asset account. Item Debited to asset account 1. Fee paid to factory representative for installation OOON 2. Freight 3....
NEUSES Melinda Stoffers owns and operates ABC Print Co. During February, ABC incurred the following costs in acquiring two printing presses. One printing press was new, and the other was purchased from a business that recently filed for bankruptcy. a. Indicate which costs incurred in acquiring the new printing press (1-6 below) should be debited to the asset account. Item Debited to asset account 1. Fee paid to factory representative for installation 2. Freight 3. Insurance while in transit 4....