ACC101_-_FA_2024_-_FE_3015.webp
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ACC101_-_FA_2024_-_FE_3015.webp

Kizspy | Question: 6
(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

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