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Orion Flour Mills purchased new equipment and made the following expenditures: Purchase price Sales tax Shipment of equipment Insurance on the equipment for the first
Orion Flour Mills purchased new equipment and made the following expenditures:
Purchase price
Sales tax
Shipment of equipment
Insurance on the equipment for the first year
Installation of equipment
$
Required:
Record the expenditures. All expenditures were paid in cash. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the expenditures. All expenditures were paid in cash.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credit
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