Danube Company Purchased a Used Machine for $12,000

question 80

Multiple Choice

Danube Company purchased a used machine for $12,000.The machine required installation costs of $3000 and insurance while in transit of $1500.At which of the following amounts would the machine be recorded?

• A) $12,000
• B) $15,000
• C) $13,500
• D) $16,500

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Definitions:

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