View Full Version : The company purchases some office equipment for $1400 and pay a $100 delivery charge.
akmiotek
Apr 13, 2009, 03:34 PM
The company purchases some office equipment for $1400 and pay a $100 delivery charge. You sign a note payable
To Office Warehouse for the cost of the equipment. The note is a two month, 12% note.
You write a check to Express Delivery Company for the $100 delivery charge.
The estimated useful life of the equipment is three years.
akmiotek
Apr 13, 2009, 03:35 PM
The company purchases some office equipment for $1400 and pay a $100 delivery charge. You sign a note payable
To Office Warehouse for the cost of the equipment. The note is a two month, 12% note.
You write a check to Express Delivery Company for the $100 delivery charge.
The estimated useful life of the equipment is three years.
morgaine300
Apr 13, 2009, 08:51 PM
First, you don't need to post the question twice.
Second, I have no idea what you are supposed to be doing with this. It's a bunch of information and nothing that says what to do with it.
Third, if this is homework, it should be posted over in homework, and you also need to read the guidelines about posting homework questions:
Ask Me Help Desk - Announcements in Forum : Homework Help (https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)