Kizspy | Question: 12
(Choose 1 answer)
(2361)A new photocopy machinery was purchased for $110,000. To put this machine in a ready usable condition, it cost the company additionary $500 for freight, $2,000 for assembling and testing. What is the cost of the machinery to be recorded in accounting book?
A. $110,000
B. $110,500
C. $112,000
D. $112,500
Ε. $108,000
