Question:

N Paid 326 000 cash plus 13 040 in sales tax and 1 600 in

Last updated: 9/20/2023

N Paid 326 000 cash plus 13 040 in sales tax and 1 600 in

N Paid 326 000 cash plus 13 040 in sales tax and 1 600 in transportation FOB shipping point for a new loader The loader is estimated to have a four year life and a 32 600 salvage value Loader costs are recorded in the Equipment account te Enter debits before credits Date January 1 Year 1 General Journal Dobit Credit