On February 14, Foster Associates Co. paid $4,700 to repair the transmission on one of its delivery vans. In addition, Foster paid $920 to install a GPS system in its van.

Required:

Journalize the entries for the transmission and GPS system expenditures. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal 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 is entered.