In the case of the display equipment, the cost is $27,000, which includes the $26,500 sales price and the $500 cost of delivery. The delivery cost is included in the asset account because the equipment is not usable to the company unless it is delivered from the supplier.
Mbps (megabits per second) Megabits per second (Mbps) are a unit of measurement for bandwidth and throughput on a network. Each megabit is equal to 1 million bits. Mbps belongs to a family of metrics used to measure the capacity and speed of data transfer.
1 kbps â Kilobits per second. 2  This is used when talking about dialup (56k for example) and low speed DSL. 3  Mbps or mbps â Megabits per second. 4  Some people confuse this with mega bytes. 5  The difference between the two is how the âbâ is written in the abbreviation; Mbps = megabits and MBps = megabytes.