LU08.2:

Capital and Revenue Expenditures

Quality Move Company made the following expenditures on one of its delivery trucks:

Mar. 20	Replaced the transmission at a cost of $7,795.
June 11	Paid $1,680 for installation of a hydraulic lift.
Nov. 30	Paid $77 to change the oil and air filter.

Prepare journal entries for each expenditure. If an amount box does not require an entry, leave it blank.

Mar. 20	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense
	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense
June 11	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense
	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense
Nov. 30	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense
	Accumulated Depreciation-Delivery TruckCashDelivery TruckDepreciation ExpenseRepairs and Maintenance Expense