Danube corp purchased a used machine for 18000 the machine


Danube Corp. purchased a used machine for $18,000. The machine required installation costs of $6,000 and insurance while in transit of $300. At which of the following amounts would the machine be recorded?

A $18,000
B $24,300
C $18,300
D $24,000

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Danube corp purchased a used machine for 18000 the machine
Reference No:- TGS02551112

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)