external reporting

Navas 28 April 2020 at 13:44 PM

A steel press machine is purchased for $50,000 cash and a $100,000 interest bearing note payable. The cost to be 
recorded as an asset (in addition to the $150,000 purchase price) should include all of the following except
A) Freight and handling charges.
B) Insurance while in transit.
C) Interest on the note payable. 
D) Assembly and installation costs.

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FACULTY 19 May 2020 at 03:05 PM

 Interest on the note payable.(option C)

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Gerta Fareta 15 February 2026 at 06:46 PM

I was in Skardu waiting for a jeep to Deosai and got bored. I found chicken road and decided to play. The slots online are very addictive in a good way. I was losing money fast on online casino bets, but a sudden jackpot stopped the bleeding and put me in profit. It was a great way to kill time in the mountains while waiting for transport. The interface is very user friendly.

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