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What will Computer Storage and More Co capitalize

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Question - On January 1, 2021, Computer Storage and More Co. acquired a server system for cash. They paid $155,000 for the server system, plus $10,000 in taxes, and $12,000 in delivery and installation costs. In addition, they paid $5,000 to train their employees to use the new server system. What will Computer Storage and More Co. capitalize in their Equipment account for the server system?

Reference no: EM132607846

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