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Sagot :
The equipment account should be debited for a total of $106,500.
Using this formula
Equipment account=List price+(Sales tax × List Price)+ Delivery cost+ Assemble cost
Where:
List price=$100,000
Sales tax=5%
Delivery cost=$1,000
Assemble cost=$500
Let plug in the formula
Equipment account=$100,000+(5%×$100,000)+$1,000+$500
Equipment account$100,000+$5,000+$1,000+$500
Equipment account=$106,500
Inconclusion the equipment account should be debited for a total of $106,500.
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https://brainly.com/question/20346970
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