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Current Attempt in Progress During 2022 Blossom Corporation had the following transactions: 1. 2. 3. 4. 5. Oil and filter change on company truck $460.
Current Attempt in Progress During 2022 Blossom Corporation had the following transactions: 1. 2. 3. 4. 5. Oil and filter change on company truck $460. Interior painting of office building $2,480. Purchase of new equipment $37,200. Shipping costs on purchase of new equipment $1,400. Installation and testing costs on new equipment $2,320. Repaired building roof $1,700. Engine overhaul on company truck $4,960. (Use Vehicles.) Purchase of a one-year insurance policy on equipment $1,400. Paving of parking lot and driveway $9,300. Purchased supplies of $620. 6. 7. 8. 9. 10. Prepare the appropriate journal entries determining whether the transaction is an operating or capital expenditure. Assume cash payments on all transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8
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