Ace electronics bought equipment for $4,000. normally the equipment would have cost $4,500, but the supplier gave ace a special discount. ace's balance sheet should report equipment of ______.

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12-09-2022
Business

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Ace electronics bought equipment for $4,000. normally the equipment would have cost $4,500, but the supplier gave ace a special discount. ace's balance sheet should report equipment of ______.

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-09-14T15:54:42+02:00

Ace electronics bought equipment for $4,000. normally the equipment would have cost $4,500, but the supplier gave ace a special discount. ace's balance sheet should report equipment of $500.

A supplier is someone, enterprise, or entity that provides services or products to any other entity. for example, an organization that sells PCBAs to a laptop manufacturer or OEM is one example of a supplier.

A provider is a person or business that gives services or products to some other entity. The role of a dealer in a commercial enterprise is to offer wonderful merchandise from a manufacturer at an amazing rate to a distributor or store for resale.

Also, a supplier ought to offer exertions, consulting, or management offerings. A patron additionally called a purchaser in service industries, is a person or corporation that purchases items and/or offerings from you. You invoice clients or record sales receipts if they buy without delay.

Learn more about the supplier here https://brainly.com/question/26500183

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