Solved: Paid a 250 fine for illegal parking while the dishwasher, Accounting Basics

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Paid a 250 fine for illegal parking while the dishwasher

Question - Bahama Catering purchased a commercial dishwasher by paying cash of $5,700. The dishwasher's fair value on the date of the purchase was $6,080. The company incurred $420 in transportation costs, $260 installation fees, and paid a $250 fine for illegal parking while the dishwasher was being delivered. For what amount will Bahama record the dishwasher?

$6,380

$6,630

$6,760

$6,080

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Accounting Basics: Paid a 250 fine for illegal parking while the dishwasher

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Accounting Basics: Paid a 250 fine for illegal parking while the dishwasher

Reference No:- TGS02877409

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