WebNov 30, 2024 · Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. The seller prepaid the $360 freight charges, adding the amount to the invoice and bringing its total to $12,860. The machine requires special steel mounting and power connections costing $895. Another $475 is paid to assemble the machine and get it into … WebJul 27, 2024 · Find an answer to your question Rizio Co. purchases a machine for $12,500, terms 210, n60, FOB shipping point. ... Cost of machine = (12,500 - 250) + 360 + 895 + 475 + 40 + 180= 14,200 Cost of machine= $14,200. Advertisement Advertisement New questions in …
Rizio Co. purchases a machine for $12,500, terms 2∕10, n∕60 ...
WebApr 10, 2024 · Business Accounting Nicole's Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased at the beginning of the year at a cost of $8,500. The estimated useful life was five years and the residual value was $500. Assume that the estimated productive life of the machine is … WebABC Company purchases a new machine for cash. The machine costs are $150,000. The company also must pay the freight of $750 to get the machine delivered and $500 to get the machine installed. The equipment company has agreed to a 10% reduction in price if; On March 1, Bunker Hill Company purchased a new stamping machine with a list price of ... dog breeds best with ca
Rizio Co. purchases a machine for $12,500, terms 2/10, …
WebBusiness Accounting Rizio Company purchases a machine for $13,600, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $272 discount. … WebImage transcriptions. Rizio Co. purchases a machine for $10,300, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $206 discount. Transportation costs of $233 were paid by Rizio. The machine required mounting and power connections costing $712. Another $336 is paid to assemble the machine and $40 of ... WebStudy with Quizlet and memorize flashcards containing terms like Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount … facts for kids black widow spider size