Jay Weiseman Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order:

\section*{Instructions}
Analyze the foregoing transactions using the following table column headings. Enter the number of each transaction in the Item column, and enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title.

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Debits 1. Cost of real estate purchased as a plant site (land $100,000 and building $25,000) $125,000 2. Installation cost of fences around property 4,000 3. Cost of demolishing building to make land suitable for construction of new building 13,000 4. Excavation costs for new building 20,000 5. Accrued real estate taxes paid at time of purchase of real estate 2,000 6. Cost of parking lots and driveways 12,000 7. Architect's fees on building plans 10,000 8. Real estate taxes paid for the current year on land 3,000 9. Full payment to building contractor 600,000 Credits 10. Proceeds from salvage of demolished building $789,000 $2,500