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    Financial Accounting Study Set 21
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    Exam 8: Long-Term Assets
  5. Question
    Which of the Following Would <B>not</b> Be Capitalized as Part
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Which of the Following Would not Be Capitalized as Part

Question 8

Question 8

Multiple Choice

Which of the following would not be capitalized as part of a purchased asset's cost?


A) non-refundable taxes
B) installation cost
C) shipping costs
D) insurance costs

Correct Answer:

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