Question
Capital and Revenue Expenditures Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20 Replaced the transmission at a cost
Capital and Revenue Expenditures
Quality Move Company made the following expenditures on one of its delivery trucks:
| Mar. 20 | Replaced the transmission at a cost of $1,890. |
| June 11 | Paid $1,350 for installation of a hydraulic lift. |
| Nov. 30 | Paid $55 to change the oil and air filter. |
Prepare journal entries for each expenditure. If an amount box does not require an entry, leave it blank.
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
