Merit CO. purchased a truck costing $100,000 and paid shipping costs of $10,000. Merit spent an additional $5,000 on preparing the truck for use. What amount should Merit record as the cost of the truck
Merit CO. purchased a truck costing $100,000 and paid shipping costs of $10,000. Merit spent an additional $5,000 on preparing the truck for use. What amount should Merit record as the cost of the truck
