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Little King Sandwiches made the following expenditures related to its restaurant. Little King credits cash for each of these expenditures. Indicate the account to be
Little King Sandwiches made the following expenditures related to its restaurant. Little King credits cash for each of these expenditures. Indicate the account to be debited for each of these expenditures. 1. Replaced the heating and air-conditioning equipment at a cost of $15,000. 2. Remodeled the restaurant building. The total cost of the project was $150,000 3. Performed annual building maintenance at a cost of $47,000. 4. Paid annual insurance premium on the property for the coming year, 57,700. 5. Purchased a new delivery truck, $22,500. 6. Landscaped the property and added outdoor lights, $9,000. Building Equipment Land Improvements Maintenance Expense
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