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Find what is the capitalized cost of the machine for bts inc

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Problem 1: BTS Inc purchased a new machine on August 31, 2021. A P12,000 down payment was made and three-monthly installments of P36,000 each are to be made beginning on September 30, 2021. The cash price equivalent is P100,000. Installation fee is P5,000. What is the capitalized cost of the machine?

Reference no: EM132999089

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