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Capital and Revenue Expenditures On December 2 , GIS Co. paid $1,440 to repair the transmission on one of its delivery vans. In addition, GTS

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Capital and Revenue Expenditures On December 2 , GIS Co. paid $1,440 to repair the transmission on one of its delivery vans. In addition, GTS paid $27 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. December 2 Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank. December 2

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