Exercise 10-01 b (Video) The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2020. Opposite each of the following transactions indicate the account title to which each expenditure should be debited No. Expenditures Plant Assets 1. Paid $5,000 of accrued taxes at time plant site was acquired. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 2. Paid $850 sales taxes on new delivery truck. 4. Paid $17,500 for parking lots and driveways on new plant site. Paid $250 to have company name and advertising slogan painted on new delivery truck. Paid $8,000 for installation of new factory machinery. Paid $900 for one-year accident insurance policy on new delivery truck 5. 6. 7. 8.Paid $75 motor vehicle license fee on the new truck. Click if you would like to Show Work for this question: Open Show Work