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Capital and revenue expenditures On December 2 , Rocket Co . paid $ 2 , 9 6 0 to repair the transmission on one of

Capital and revenue expenditures
On December 2, Rocket Co. paid $2,960 to repair the transmission on one of its delivery vans. In addition, Rocket paid $44 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
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Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank.
December 2
Cash
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