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Question:Erin Danielle Company purchase equipment and incurred the following costs.Cash price $24,000
Sales taxes $1,200
Insurance during transit $200
Installation and testing $400
Total Costs $25,800
What amount should be recorded as the cost of the equipment?

Cash price	$24,000
Sales taxes	$1,200
Insurance during transit	$200
Installation and testing	$400
Total Costs	$25,800

A $24,000 
B $25,200 
C $25,400 
D $25,800

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Question:Erin Danielle Company purchase equipment and incurred the following costs.Cash price$24,000Sales taxes$1,200Insurance during transit$200Installation and testing$400Total Costs$25,800 What amount should be recorded as the cost of the equipment?

A $24,000

B $25,200

C $25,400

D $25,800

D

Question:Erin Danielle Company purchase equipment and incurred the following costs.
Cash price $24,000
Sales taxes $1,200
Insurance during transit $200
Installation and testing $400
Total Costs $25,800
What amount should be recorded as the cost of the equipment?