Problem4 The Bay View Restaurant has purchased a new d.shwasher for its own use. Required...

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Accounting

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Problem4 The Bay View Restaurant has purchased a new d.shwasher for its own use. Required Using the following information, determine the proper amount to be capitalized in the account Equipment. $8,000 Invoice price of equipment Cash discount allowed: 2% of invoice . Freight-in paid Speeding ticket given to our truck driver 160 300 25 150 308 200 while the driver was delivering equipment Installation costs. Sales tax on purchase. Repair of damages due to equipment being dropped off truck

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