Solved: The trucks annual license is 120 the truck undergoes safety, Accounting Basics

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The trucks annual license is 120 the truck undergoes safety

Question - Blossom Company purchases a new delivery truck for $77000. The sales taxes are $4300. The logo of the company is painted on the side of the truck for $1000. The truck's annual license is $120. The truck undergoes safety testing for $300. What does Blossom record as the cost of the new truck?

$82720.

$81300.

$82600.

$80600.

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Accounting Basics: The trucks annual license is 120 the truck undergoes safety

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Accounting Basics: The trucks annual license is 120 the truck undergoes safety

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