PART TWO-ANALYZING PLANT ASSET AND INTANGIBLE ASSET TRANSACTIONS Directions: Analyze each of the following transactions into debit and credit parts. Enter letters (A through L) in the proper Answers columns identifying the accounts to be debited and credited. Chapter 19 Completion Activity Answers Account Titles Transactions Debit A. Accumulated Depreciation-Office Equipment 1-2. Paid cash for new display case. 1. Credit 2. B. Accumulated Depreciation-Store Equipment C. Amortization Expense D. Cash E. Depreciation Expense-Office Equipment F. Depreciation Expense-Store Equipment G. Gain on Plant Assets H. Office Equipment I. Loss on Plant Assets J. Patent K. Property Tax Expense L. Store Equipment 3-4. Paid cash for a computer for the office and a cash register for the store. 3. 4. 5-6. Paid cash for property taxes. 5. 6. 7-8. Recorded annual store equipment depreciation. 7. 8. 9-10. Received cash from sale of display case for book value. 9. 10. 11-12. Recorded a partial year's depreciation on a cash register to be sold. 11. 12. 13-14. Received cash from sale of cash register for more than book value. 13. 14. 15-16. Received cash from sale of a computer for less than book 15. 16. value. 17-18. Paid cash for a patent. 17. 18. 19-20. Recorded annual amortization on patent. 19. 20. Save Submit