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Capital and Revenue Expenditures On April 29, GTS Co. paid $1,220 to repair the transmission on one of its delivery vans. In addition, GTS paid
Capital and Revenue Expenditures On April 29, GTS Co. paid $1,220 to repair the transmission on one of its delivery vans. In addition, GTS paid $40 to install a GPS system in its van. Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank. April 29 Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank. April 29
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