The Ripley Company recently purchased a new forklift; the equipment had a listed sales price of $80,000, but the company got a negotiated discounted sales price of $75,000. The company also had to pay an additional $4,000 in related taxes and $500 for delivery fees. When the company records the purchase, what total dollar amount should it use in the transaction?
The Ripley Company recently purchased a new forklift; the equipment
had a listed sales price of $80,000, but the company got a negotiated discounted sales price of $75,000. The company also had to pay an additional $4,000 in related taxes and $500 for delivery fees. When the company records the purchase, what total dollar amount should it use in the transaction?
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”
The post The Ripley Company recently purchased a new forklift; the equipment had a listed sales price of $80,000, but the company got a negotiated discounted sales price of $75,000. The company also had to pay an additional $4,000 in related taxes and $500 for delivery fees. When the company records the purchase, what total dollar amount should it use in the transaction? appeared first on Superb Professors.
For any questions, feedback, or comments, we have an ethical customer support team that is always waiting on the line for your inquiries.