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    Financial Accounting A User Perspective
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    Exam 8: Capital Assetstangible and Intangible
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    When Capitalizing the Cost of a Purchased Asset, All of the Following
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When Capitalizing the Cost of a Purchased Asset, All of the Following

Question 35

Question 35

Multiple Choice

When capitalizing the cost of a purchased asset, all of the following cost should be included in capitalization except for:


A) the full purchase price plus any discounts
B) set up costs
C) legal costs
D) shipping costs

Correct Answer:

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