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  • Nov 25, 2013, 04:06 PM
    trailer10
    Trailer purchase
    A for- profit company purchased a trailer for 10,000 to showcase vendor products. That vendor reimbursed the company $5,000 of the purchase price.

    What value is the asset given when capitalized? Is the vendor reimbursement a deduction from the value? If not, how is that categorized?

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