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    (Slideshare Downloader La) 628a23d927fff

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    AndreaaAAaa Tagle
    On August 1, 2020, Bamco Company purchased a new machine on a deferred payment basis. A down payment of P100,000 was made and 4 monthly installments of P250,000 each are to be made beginning on September 1, 2020. The cash equivalent price of the machine was P950,000. The entity incurred and paid installation costs amounting to P30,000. What is the amount to be capitalized as cost of the machine?

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    (Slideshare Downloader La) 628a23d927fff

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    AndreaaAAaa Tagle
    12 views10 pages
    On August 1, 2020, Bamco Company purchased a new machine on a deferred payment basis. A down payment of P100,000 was made and 4 monthly installments of P250,000 each are to be made beginning on September 1, 2020. The cash equivalent price of the machine was P950,000. The entity incurred and paid installation costs amounting to P30,000. What is the amount to be capitalized as cost of the machine?

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    On August 1, 2020, Bamco Company purchased a new machine on a deferred payment basis. A down payment of P100,000 was made and 4 monthly installments of P250,000 each are to be made beginning on September 1, 2020. The cash equivalent price of the machine was P950,000. The entity incurred and paid installation costs amounting to P30,000. What is the amount to be capitalized as cost of the machine?

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    12 views10 pages

    (Slideshare Downloader La) 628a23d927fff

    Uploaded by

    AndreaaAAaa Tagle
    On August 1, 2020, Bamco Company purchased a new machine on a deferred payment basis. A down payment of P100,000 was made and 4 monthly installments of P250,000 each are to be made beginning on September 1, 2020. The cash equivalent price of the machine was P950,000. The entity incurred and paid installation costs amounting to P30,000. What is the amount to be capitalized as cost of the machine?

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    © All Rights Reserved
    Download as PDF or read online from Scribd
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