Instructions Quality Move Company made the following expenditures on one of its delivery trucks Mar. 20 Replaced the transmission at a cost of $1,710. June 11 Pald S1,385 for installation of a hydraulic lift. Nov. 30 Paid $54 to change the oil and air filter, Required: Prepare journal entries for each expenditure. Refer to the chart of accounts for the exact wording of the account titles. CNOW joumais do not use lines for journal explanations. Every line on a journal page is used for debit or credit ontres CNOW Journals will automatically indent a credit entry when a credit amount is entered Chart of Accounts CHART OF ACCOUNTS Quality Move Company General Ledger ASSETS REVENUE ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 112 Accounts Receivable 114 Interest Receivable 610 Interest Revenue 620 Gain on Sale of Delivery Truck 621 Gain on Sale of Equipment 115 Notes Receivable 116 Merchandise Inventory 117 Supplies 119 Prepaid Insurance 120 Land 123 Delivery Truck 124 Accumulated Depreciation-Delivery Truck 125 Equipment 126 Accumulated Depreciation Equipment 130 Mineral Rights 131 Accumulated Depletion EXPENSES 510 Cost of Merchandise Sold 520 Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Delivery Truck 523 Delivery Expense 524 Repairs and Maintenance Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Equipment 533 Depletion Expense 534 Amortization Expense-Patents 535 Insurance Expense 536 Supplies Expense 132 Goodwill 133 Patents LIABILITIES 534 Amortization Expense-Patents LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable 535 Insurance Expense 536 Supplies Expense 539 Miscellaneous Expense 710 Interest Expense 720 Loss on Sale of Delivery Truck 721 Loss on Sale of Equipment EQUITY 310 Owner's Capital 311 Owner's Drawing Journal Prepare journal entries for each expenditure. Refer to the chart of accounts for the exact wording of the account title explanations. Every line on a journal page is used for debit or credit entries. CNOW Journals will automatically inder Prepare foumal entries for each expenditure. Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use lines to explanations. Every line on a journal page is used for debit or credit entries CNOW journals will automatically indent a credit entry when a credit amount JOURNAL ACCOUNTING DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABIL 1 2 5