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Orion Flour Mills purchased a new machine and made the following expenditures Purchase price Sales tax Shipment of machine Insurance on the machine for the

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Orion Flour Mills purchased a new machine and made the following expenditures Purchase price Sales tax Shipment of machine Insurance on the machine for the first year Installation of machine $75,000 6,000 1,600 700 2,000 The machine, including sales tax, was purchased on account, with payment due in 30 days. The other expenditures listed above were paid in cash Required: Record the above expenditures for the new machine (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Rathn nandina For thew machine

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