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Home 13 % Calibri (Body) La B IV.abe x, X Amy A - A - ste - A A Styles Editing - 211 Paragraph 3.

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Home 13 % Calibri (Body) La B IV.abe x, X Amy A - A - ste - A A Styles Editing - 211 Paragraph 3. Board Font Styles The O'Toole Company of Toronto made the following transactions relating to property, plant and equipment during 2019. Use the company's General Journal to record the following transactions: 2019 Jan. 26 Purchased land and a building for $780,000. In addition to this actual purchase amount the total cost of the purchase included legal fees of $6,800, an appraisal fee of $3,600, a survey certificate of $4,200, and GST of $39,730. One cheque (No. 4772) for the total of the amounts listed ($834,330) was issued to Humboldt and Lim, Barristers and Solicitors. The appraisal determined that 40% of the total purchase price was for the land, while the rest was for the building I Purchased a new metal lathe from Hanover Ltd. of Germany. The purchase price was 265,000 euros, which at the current exchange rate equates to $347,400 Canadian Wrote cheque No. 4816 to cover this purchase. Delivery is expected in mid-April. The company wants to keep the cost of this major asset separate from all other machinery. Mar. 14 Mar. 22 Purchased four used metalworking machines from Parmar and Sons, go 1055 trgu Canada A 10:32 PM 3/25/2021 Student & She E B intermediate Accounting Aangement in Home Insert Design Layout Reteren Mailing Review View Develop Ticket X Calibri (Body) - 13 19 BIU - abs x, XA , Styles Editing A. y . A . A - 21 ard Font Paragraph Styles A 5 - 2.3 Mar. 22 Purchased four used metalworking machines from Parmar and Sons, Auctioneers in Grande Cache. Total purchase price was $146,500, plus GST of $7,325 (cheque No. 4907). Mainland Transport will deliver the four machines in three days. Mar. 27 The four machines mentioned above were delivered, and Mainland Transport requested and were given a cheque for the freight-$4,885, plus GST of $244.25 (cheque No. 4988). Apr. 2 Eastern Renovations Ltd. completed an extensive renovation of the building purchased Jan. 26. Wrote cheque No. 5033-$57,500, plus GST of $2,875 for the job, which got the building ready for occupancy I 1052 10:32 PM 3/25/2021 File Home Late % Calibri (Body) 13 E BIU.abe x, x' Paste A.. A. A AA .. 21 Clipboard Font Paragraph Styles Editing Styles Apr. 5 Wrote cheque No. 5079 for $5,000, plus GST of $250, to McReady Concrete Ltd. to pay for concrete bases for the four machines purchased at auction, as well as for the new German lathe expected to arrive next week. Estimated that 70% of this cost is for the concrete base for the lathe, while the rest is for concrete bases for the other four machines. Apr. 9 Wrote cheque No. 5122 to Liberty Millwrights for installing the four machines purchased at auction-$8,600, plus GST of $430. June 19 Purchased a computer-controlled module to replace a manual part on one of the machines bought at auction. Cheque No. 5472 to Lifetime Maximum Machinery Ltd. was for $12,600, which induded installation testing and 5% GST. This greatly expands the capability and speed of the machine to which it is attached July 13 A careless employee stripped the drive gear assembly of the new German lathe. Repairs cost $8,000, plus GST of $400, payable to Action Machinery Ltd. (cheque No. 5504). Such repairs, while unfortunate, are far from unusual, and are expected to happen occasionally POT 105 AP00 10:35 PM 1/25/2021 Home is een * Calibri (Body) -13 ,, EB I Wabe X, X Paste A. A. Aa AA - 21 Clipboard Font Paragraph Styles Editing Styles 4.5 July 13 A careless employee stripped the drive gear assembly of the new German lathe. Repairs cost $8,000, plus GST of $400, payable to Action Machinery Ltd. (cheque No. 5504). Such repairs, while unfortunate, are far from unusual, and are expected to happen occasionally. Oct. 23 Pald (cheque No. 5709) Acme Roofing Ltd. $60,000, plus GST of $3,000 for emergency installation of a new metal roof, because a storm destroyed the old, shingled roof. After careful consideration, it was determined that one-third of the cost of the new roof represents ordinary repairs, while the balance is considered the cost of a major roof improvement Required: Please journalize the above activities. Page 3 of 1055 wordt England niet A 10:35 PM 3/25/2021

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