subject
Business, 17.04.2021 19:00 sctenk5598

Corazon Company purchased an asset with a list price of $14,000. Corazon paid $500 of transportation in cost, $800 to train an employee to operate the equipment, and $200 to insure the asset against theft after it has been setup in the factory. The asset was purchased under terms 1/20/n30 and Corazon paid for the asset within the discount period. Based on this information, Corazon would capitalize the asset on its books at: a. $14,000.
b. $14,660.
c. $15,160.
d. $14,800.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:30
Acrosswalk_when there are no pavement markings.
Answers: 1
question
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
question
Business, 22.06.2019 07:30
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
Answers: 3
question
Business, 22.06.2019 11:10
Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.
Answers: 1
You know the right answer?
Corazon Company purchased an asset with a list price of $14,000. Corazon paid $500 of transportation...
Questions
question
Mathematics, 10.02.2021 23:50
question
SAT, 10.02.2021 23:50
question
Mathematics, 10.02.2021 23:50
question
Mathematics, 10.02.2021 23:50
question
Mathematics, 10.02.2021 23:50
question
Mathematics, 10.02.2021 23:50
Questions on the website: 13722360