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Casper's Cookie Company incurs the following expenses on Nov 1st when purchasing a new delivery van (all paid in cash): . Cost of van: $12,500.

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Casper's Cookie Company incurs the following expenses on Nov 1st when purchasing a new delivery van (all paid in cash): . Cost of van: $12,500. $1,250 for an annual insurance policy. Sales tax on delivery van: $520, Delivery costs, $120. $250 for a motor vehicle license Painting + Lettering on van $1,500. . . Prepare the journal entry to record these costs

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