DELIBIRD Company has recently purchased a computer system for its office. The following information was gathered in relation to the acquisition of the unit: List price P152,000 Trade discounts and rebates taken 56,000 Installation and assembly cost 3,200 Initial delivery and handling cost 6,400 Purchase discount 2% What is the acquisition cost of the new computer? 105,680 94,080 103,680 160,600

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter11: Long-term Assets
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Problem 9EA: Santa Rosa recently purchased a new boat to help ship product overseas. The following information is...
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DELIBIRD Company has recently purchased a computer system for its office. The following information was gathered in relation to the acquisition of the unit:

List price P152,000

Trade discounts and rebates taken 56,000

Installation and assembly cost 3,200

Initial delivery and handling cost 6,400

Purchase discount 2%

What is the acquisition cost of the new computer?

105,680

94,080

103,680

160,600

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