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Business, 27.02.2020 20:26 danny123421

Salvia Company recently purchased a truck. The price negotiated with the dealer was $40,000. Salvia also paid sales tax of $2,000 on the purchase, shipping and preparation costs of $3,000, and insurance for the first year of operation of $4,000. At what amount should the truck be recorded on the balance sheet prior to recording depreciation expense?A. $40,000.B. $42,000.C. $43,000.D. $45,000.

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Salvia Company recently purchased a truck. The price negotiated with the dealer was $40,000. Salvia...
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