Amount that winters should debit the vehicles account


Question: Winters Company purchased a new van to expand its business. The invoice price of the van was 35,400, with additional costs of $950 for dealer prep & 675 dollars in destination charges. Winters also had the dealer install special roof racks at a cost of 1,450 dollars & paid 2,255 dollars in sales tax, 175 dollars in annual registration fees, & 60 dollars for the title. The annual insurance bill totaled 1,960 dollars, & winters opted for an extended warranty package costing 935 dollars. Within on month’s time, winters spent 330 dollars for gasoline. Calculate the dollar amount that Winters should debit the Vehicles account.

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Finance Basics: Amount that winters should debit the vehicles account
Reference No:- TGS016748

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