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Crane company purchases a new delivery truck for 50000 what

Question - Crane Company purchases a new delivery truck for $50000. The sales taxes are $5000. The logo of the company is painted on the side of the truck for $1600. The truck's annual license is $130. The truck undergoes safety testing for $270. What does Crane record as the cost of the new truck?

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Accounting Basics: Crane company purchases a new delivery truck for 50000 what

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