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Fogelberg company purchased equipment for 15000 sales tax

Question - Fogelberg Company purchased equipment for $15,000. Sales tax on the purchase was $900. Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment?

A) $16,830.

B) $15,900.

C) $15,000.

D) $16,410.

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Accounting Basics: Fogelberg company purchased equipment for 15000 sales tax

Reference No:- TGS02590565

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Accounting Basics: Fogelberg company purchased equipment for 15000 sales tax

Reference No:- TGS02590565

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