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The following expenditures relating to property, plant, and equipment were made by Bachinski Ltd.
(b)
Beside each transaction write the account title that the expenditure should be debited to.
Paid $1.2 million for a plant site.
Paid $8.000 of legal fees on the purchase of the plant site.
Paid $39.000 to demolish an old building on the plant site: residual materials were sold for $7,000.
Paid $55,000 for paving the parking lot on the plant site.
Paid $57,600 in architect fees for the design of the new plant.
Promised to pay $150,000 in restoration costs for the land when the company is finished using the plant site.
Paid $80,000 for a new delivery truck.
Paid $3,000 to have the company name and advertising slogan painted on the new truck.
Paid a $400 motor vehicle licence fee on the new truck.
Paid $2,800 for a one-year insurance policy on the new truck.
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