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Freight charges incurred were 4766 and you had to spend

Question - You acquired a piece of machinery costing $36330. Freight charges incurred were $4766 and you had to spend $5768 to install the machine, but while the machine was being installed a part of it was damaged and you paid $390 to have it repaired. At what amount will the machine be reported on the balance sheet?

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Accounting Basics: Freight charges incurred were 4766 and you had to spend

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Accounting Basics: Freight charges incurred were 4766 and you had to spend

Reference No:- TGS02807660

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