On January 3, 2014, Jimâs Excavating Company
On January 3, 2014, Jimâs Excavating Company purchased a bulldozer for $160,000. In addition to the basic purchase price, the company paid sales tax of $8,000 and freight charges of $9,000. The bulldozer will be used for 36,000 machine hours. Jim estimates that the bulldozer will have a useful life of 5 years and no […]