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Business, 04.10.2019 20:20 tanoah7623

On july 1, 2016, alpha company negotiated the purchase of a new piece of equipment with the seller zulu company. the equipment was list for $200,000. smooth talking alpha was able to negotiate the purchase price and acquired the equipment at $175,000. alpha company completed the purchase transaction on july 1. additionally, alpha was entitled to a 1% discount if it paid for the equipment within 10 days. after completing the purchase, bravo company, third party, offered alpha, $185,000 for this equipment. what amount should alpha company record the equipment purchase at if payment is made by july 11?

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On july 1, 2016, alpha company negotiated the purchase of a new piece of equipment with the seller z...
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