What amount should be recorded as the cost of the van

Assignment Help Accounting Basics
Reference no: EM132211358

Question: The following costs were incurred in the purchase of a new van. Cash price $30,000, Signs painted on sides $1,000, insurance for first year $520, vehicle registration $290 for 12 months. What amount should be recorded as the cost of the van? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132211358

Questions Cloud

What is the goal of establishing rapport with the audience : What is the goal of establishing rapport with the audience
Evaluate the mean and the standard deviation : Write a program that reads data from a text file. Include in this program functions that calculate the mean and the standard deviation.
Verbally encode messages that other person could decode : Phrases in a guidebook to communicate with others when you couldn’t verbally encode messages that the other person could decode?
Calculate the average of the grades : Write a program that reads a set of information related to students in C++ class and prints them in a table format.
What amount should be recorded as the cost of the van : The following costs were incurred in the purchase of a new van. Cash price $30,000, Signs painted on sides $1,000, insurance for first year $520.
Write a program that reads in ten numbers : Write a program that reads in 10 numbers. Your program should do the following things Determine the number positive or negative.
Discuss about the best target audience and marketing mix : After reading given New York Times article, offer your opinion about the best target audience and marketing mix -- product, price, place and distribution
Write a program that reads two words from a file : The first word is processed and stored as a ‘stack' of characters (first letter of word will be at the bottom of the stack).
You feel meets the criteria of complex sale : Then give an example of a business-to-business product or service that you feel meets the criteria of a complex sale.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd