ACCOUNTING-ACCT 2000- Principles of Accounting

Kegler Bowling installs automatic scorekeeping equipment
with an invoice cost of $185,000. The electrical work required for the
installation costs $19,425. Additional costs are $3,885 for delivery and
$13,330 for sales tax. During the installation, a component of the equipment
is carelessly left on a lane and hit by the automatic lane-cleaning machine.
The cost of repairing the component is $1,795.

What is the total recorded cost of the automatic
scorekeeping equipment?

Total
Cost

Included/

Excluded

DR
Machinery

DR
Expense

Invoice Cost

$185,000

Electrical
work required for installation

19,425

Delivery Costs

3,885

Sales tax

13,330

Repair Costs

1,795

Total

$223,435