Alpha Geek

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    Polytechnic State University Sanluis
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    Polytechnic State University
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Category > Business & Finance Posted 18 Jun 2017 My Price 3.00

All applicable Mini-Exercises are available with McGraw-Hill’s Connect™ Accounting

All applicable Mini-Exercises are available with McGraw-Hill’s Connect™ Accounting. Basket purchase allocation Minott Jewelers, Ltd., purchased store fixtures, display cases, and a maximum-security commercial safe for a lump-sum price of $14,000 from a bankrupt competitor. Appraised values were as follows: store fixtures, $6,000; display cases, $9,000; commercial safe, $5,000. Required: What cost should be recorded for the commercial safe?

 

Answers

Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 09:06 AM My Price 3.00

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Attachments

file 1497778876-2085325_1_636333150193524514_Basket-purchase.xlsx preview (106 words )
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