Solution-Calculate the cost of the delivery truck

Calculate the cost of the delivery truck

Reference no: EM131805798

Problem

Shellhammer Company purchased a delivery truck. The total cash payment was $30,020, including the following items.

Negotiated purchase price	$24,000
Installation of special shelving	1,100
Painting and lettering	900
Motor vehicle license	180
Annual insurance policy	2,400
Sales tax	1,440
Total paid	$30,020

Calculate the cost of the delivery truck.

Reference no: EM131805798

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Calculate the cost of the delivery truck

Reference no: EM131805798

Reference no: EM131805798

Questions Cloud

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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