Which of the following items should be capitalized in the cost of equipment? Installation and testing of equipment Freight to deliver the equipment Insurance paid in advance for the first year of use Legal fees to establish title Sales tax

Insurance of equipment during shipping, purchase price, freight to deliver the equipment to its location, installation and testing of equipment

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.