prepare journal entries to record the following transactions of a company during the current year:

Mar 1 purchased a truck for 40000 with a 5-year useful life and a 5000 salvage value. Also paid 6% sales tax, 350 for the annual truck license 300 to paint the truck with the company's colors and name, 1500 for maintenance supplies for the future. all payments were in cash

Mar 10 purchased a garage from a neighboring business with a 7% 4 year, 67000 note. the seller's book value for the garage was 42750. the estimated remaining useful life of the garage is 10 years

July 5paid 800 cash to replace (uninsured) garage windows broken during a storm

Aug 25 purchased used shop equipment for 10700 cash. sales tax was 825, freight costs 250, 3200 for a special base to house the equipment, and reconditioning costs 900, all of which were paid in cash. the estimated useful life of the equipment is 3 years and salvage value is 500.

oct 5 purchased office equipment for 11500 cash. paid 1290 in sales tax, 550 for repairs incurred from damage during installation, and 2200 for supplies to be used for periodic preventive maintenance. The estimated useful life of the equipment is 8 years and salvage value is 1200