Schrock Company Purchases A New Delivery

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Chapter 9 quiz - Seaport Quiz Exam ACCT-C101 Quiz 9 Page 1 ...

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    Schrock Company purchases a new delivery van for $50,000. The sales taxes are $2,000. The sales taxes are $2,000. The logo of the company is painted on the side of the van for $1,200.

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    Schrock Company purchases a new delivery van for $60,000. The sales taxes are $4,500. The logo of the company is painted on the side of the van for $1,200. The van’s annual license is $120. The van undergoes safety testing for $220. What does Schrock record as the cost of the new van? A. $66,040. B. $65,920. C. $64,500. D. $63,920.

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    2. Schrock Company purchases a new delivery van for $50,000. The sales taxes are $2,000. The logo of the company is painted on the side of the van for $1,200. The van's annual license is $120. The van undergoes safety testing for $220. What does Schrock record as the cost of the new van? $51,420. $53,540. 9’ $53,420. $52,000. 3.

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    Nov 16, 2010 · 2) Schrock Company purchases a new delivery van for $50,000. The sales taxes are $2,000. The logo of the company is painted on the side of the van for $1,200. The van’s annual license is $120. The van undergoes safety testing for $220. What does Schrock record as the cost of the new van? 1) $53,420. 2) $51,420. 3) $53,540. 4) $52,000.

Contacts Schrock Lumber Company

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    Schrock Lumber Co. 109 N Curve Street, Mediapolis Ia 52637. Telephone: +(319) 394-3964 FAX: +(319) 394-9173 E-mail: [email protected]

A company purchased a new delivery van at a cost of ...

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    A company purchased a new delivery van at a cost of $45,000 on July 1. The delivery van is estimated to have a useful life of 6 years and a salvage value of $3,000. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31?

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    1980’s. In the early 1980’s, Melvin Schrock, founder of Horizon Transport, was a delivery driver for Coachmen Industries, delivering new RV’s to their dealerships. It was during this time that he recognized the need for a transportation company that provided prompt service with professional, clean, qualified and courteous drivers.

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    Arnold Company purchases a new delivery truck for $45,000. The sales taxes are $2,500. The logo of the company is painted on the side of the truck for $1,200. The truck's annual license is $120. The truck undergoes safety testing for $220. What does Arnold record as the cost of the new truck?

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    Arnold Company purchases a new delivery truck for $ 45000. The sales taxes are $ 2500. The logo of the company is painted on the side of the truck for $ 1200. The truck's annual license is $ 120. The truck undergoes safety testing for $ 220. What does Arnold record as the cost of the new truck?

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Questions Yahoo Answers

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    1) Schrock Company purchases a new delivery van for $50,000. The sales taxes are $2,000. The logo of the company is painted on the side of the van for $1,200. The van’s annual license is $120. The van undergoes safety testing for $220. What does Schrock record as the cost of the new van? 1) $53,420. 2) $51,420. 3) $53,540. 4) $52,000.

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    10. Bailey Company purchases a new delivery truck for $35,000. The sales taxes are $2,000. The logo of the company is painted on the side of the truck for $1,200. The truck license is $120. The truck undergoes safety testing for $220. What does Bailey record as the cost of the new truck? a. $38,540. b. $38,420. c. $37,000. d. $36,420. 11.

Carley Company purchases a new delivery truck for 45000 ...

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    70. Carley Company purchases a new delivery truck for $45,000. The sales taxes are $3,000. The logo of the company is painted on the side of the truck for $1,200. The truck license is$120. The truck undergoes safety testing for $220. What does Carley record as the cost of the new truck? a. $49,540 b. $49,420 c. $48,000 d. $47,420 71.

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