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What is the capitalized cost of the equipment for bts inc

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Reference no: EM132999101

Problem 1: BTS Inc purchased equipment for P56,000 inclusive of VAT. Other costs incurred were delivery charges of P1,000, installation costs of P3,500, and repairs of P1,500 for damage during installation. What is the capitalized cost of the equipment?

Reference no: EM132999101

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