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Capital and revenue expenditures On February 13, Rocket Co. paid $3,450 to repair the transmission on one of its delivery vans. In addition, Rocket paid
Capital and revenue expenditures On February 13, Rocket Co. paid $3,450 to repair the transmission on one of its delivery vans. In addition, Rocket paid $50 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 b Februar 13 Journaliz entry, lea Accounts Payable Accumulated Depreciation-Delivery Van Cash Delivery Van Depreciation Expense Repairs and Maintenance Expense February 13 Delivery Van Cash X 50 88 3,450 amount box does not require an 50 3,450
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