Horner Company Buys A Delivery Van With A List Price Of 30 000 The Dealer Grants

Horner Company buys a delivery van with a list price of $30,000. The dealer grants a 15% reduction in list price and an additional 2% cash discount on the net price if payment is made in 30 days. Sales taxes amount to $400 and the company paid an extra $300 to have a special horn installed. What should be the recorded cost of the van?

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply