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How do shipping and installation costs affect the costs of fixed assets and the depreciable basis?

2007-01-05 12:11:16 · 1 answers · asked by kristi72401 1 in Business & Finance ➔ Other - Business & Finance

1 answers

Those costs are added to the purchase price.

(shipping and installation costs are added to the cost of the fixed asset, thus increasing the depreciable basis).

2007-01-05 12:18:23 · answer #1 · answered by the Boss 7 · 0⤊ 0⤋

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