A Accounting

Total value of capital expenditure ( video below)

Jon is entering an invoice for a new item of equipment in the accounts. The invoice shows the following costs:

Water treatment equipment        $20,000

Delivery                                            $650

Maintenance charge                      $2,090

Sales tax                                           $4,027 

Invoice total                                    $26,767

Jon is registered for sales tax. What is the total value of capital expenditure on the invoice?

Answer

Water treatment equipment        $20,000

Delivery                                            $      650

.                                                          $20,650


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