Journal entry worksheet

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Paid $$52,000$ cash to replace a motor on equipment that extends its useful life by four years.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$,,,],[,,,],[,,,],[,,,],[,,,]]$a$.$ Paid $$52,000$ cash to replace a motor on equipment that extends its useful life by four years.

b$.$ Paid $$260$ cash per truck for the cost of their annual tune$-$ups.

c$.$ Paid $$208$ for the monthly cost of replacement filters on an air$-$conditioning system.

d$.$ Completed an addition to a building for $$292,500$ cash.

Classify the above transactions as either a revenue expenditure or a capital expenditure.

Prepare the journal entries to record the four transactions from part $1.$

Complete this question by entering your answers in the tabs below.

Required $1$

Classify the above transactions as either a revenue expenditure or a capital expenditure.