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Orion Flour Mills purchased a new machine and made the following expenditures: Purchase price Solett Shipment of machine Insurance on the machine for the first

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Orion Flour Mills purchased a new machine and made the following expenditures: Purchase price Solett Shipment of machine Insurance on the machine for the first year Installation of machine $75.000 6.000 1.000 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.) erences View transaction list Journal entry worksheet Record the expenditures for the new machine Note: Enter debits before credits General Journal Debt Credit Record entry Clear entry View general journal

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