Triangle Company acquired a machine that involved the following expenditures and related factors:
The initial accounting cost of the machine should be:
A) $203,220
B) $253,380
C) $180,180
D) $196,380

Name: Triangle Company acquired a machine that involved the following expenditures and related factors: The initial accounting cost of the machine should be: A) $203,220 B) $253,380 C) $180,180 D) $196,380
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Question

Triangle Company acquired a machine that involved the following expenditures and related factors:
 The initial accounting cost of the machine should be:
A) $203,220 
B) $253,380 
C) $180,180 
D) $196,380

Quizplus · Accepted Answer

$228,000 + $8,550 - $3,420 + $4,050 + $5,400 + $8,100 + $2,700 = $253,380

Triangle Company Acquired a Machine That Involved the Following Expenditures