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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 mach Installation of

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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 mach Installation of machine $58,000 5,150 830 530 1,660 ine for the first year 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the expenditures for the new machine Note: Enter debits before credits Transaction General Journal Debit Credit Orion Flour Mills purchased a new machine and made the following expenditures Purchase price Sales tax Shipment of machine Insurance on the mach Installation of machine $58,000 5,150 830 530 1,660 ine for the first year 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the expenditures for the new machine Note: Enter debits before credits Transaction General Journal Debit Credit

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