RJBerkshire Incurred the Following Expenditures to Buy New Equipment The Amount the Equipment Account Will Be Debited for Is

question 126

Short Answer

R.J.Berkshire incurred the following expenditures to buy new equipment:
$$\begin{array}{l}\begin{array} { l r } \text { Invoice, subject to } 4 \% \text { discount } & \$ 22,000 \\\text { Installation cost } & 1,500 \\\text { Insurance for equipment after installation } & 300 \\\text { Sales tax } & 1,200\end{array}\\\text { Discount taken }\end{array}$$
The amount the Equipment account will be debited for is ________.

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