Business, 24.03.2021 22:00, jalenshayewilliams

In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each expenditure to the appropriate accounting treatment . a. Takes possession of a widget-manufacturing machine. The vendor sends an invoice for $550,000.
b. Pays sales tax of $33,000 on the machine to the government. Pays employees $95,000 for research and development to c. Receives an invoice for $4,250 from the company that shipped the machine.
d. Pays employees $16,500 to install, customize, and test the widget-manufacturing machine.
e. Pays $3,000 for a one-year warranty insurance) plan for the machine, with coverage beginning when the machine is placed into service on February 1.
A. Capitalize to a different asset account.
B. Capitalize to the Machine account.
C. No accounting entry is necessary.
D. Expense. finalize the widget design.

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In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generat...