Business, 07.06.2020 04:58, divagothboi

Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold its two-year-old ovens at a discount for $697,000. Great Harvest incurred and paid freight costs of $33,500, and its employees ran special electrical connections to the ovens at a cost of $4,700. Labor costs were $36,300. Unfortunately, one of the ovens was damaged during installation, and repairs cost $4,700. Great Harvest then consumed $870 of bread dough in testing the ovens. It installed safety guards on the ovens at a cost of $1,470 and placed the machines in operation. Prepare a schedule to show the amount at which the ovens should be recorded irn Great Harvest's Equipment account.

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Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing i...