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  3. Study Set
    Understanding Financial Accounting
  4. Exam
    Exam 8: Inventory
  5. Question
    Which of the Following Would NOT Be Capitalized as Part
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Which of the Following Would NOT Be Capitalized as Part

Question 23

Question 23

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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