Print item Capital and revenue expenditures Instructions Chart of Accounts Journal Instructions Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20 Replaced the transmission at a cost of $1,990. June 11 Paid $1,455 for installation of a hydraulic lift Nov. 30 Paid $57 to change the oil and air filter Prepare journal entries for each expenditure. Refer to the Chart of Accunts for exact wording of account titles Journal PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST, REF DEBIT LIABILITIES CREDIT ASSETS EQUITY 21 3 5 Chart of Accounts General Ledger ASSETS REVENUE 1 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 112 Accounts Receivable 620 Gain on Sale of Delivery Truck 114 Interest Receivable 621 Gain on Sale of Equipment 115 Notes Receivable 5 EXPENSES 116 Merchandise Inventory 6 510 Cost of Merchandise Sold 117 Supplies 520 Salaries Expense 119 Prepaid Insurance 521 Advertising Expense 120 Land 522 Depreciation Expense-Delivery Truck 123 Delivery Truck 523 Delivery Expense 124 Accumulated Depreciation-Delivery Truck 524 Repairs and Maintenance Expense 125 Equipment 529 Selling Expenses 126 Accumulated Depreciation-Equipment rt of Accounts 126 Accumulated Depreciation-Equipment 529 Selling Expenses 531 Rent Expense 130 Mineral Rights 532 Depreciation Expense-Equipment 131 Accumulated Depletion 533 Depletion Expense 132 Goodwill 534 Amortization Expense-Patents 133 Patents 535 Insurance Expense 536 Supplies Expense LIABILITIES 539 Miscellaneous Expense 210 Accounts Payable 710 Interest Expense 211 Salaries Payable 720 Loss on Sale of Delivery Truck 213 Sales Tax Payable 721 Loss on Sale of Equipment 214 Interest Payable 215 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings Chart of Accounts 132 Goodwill 533 Depletion Expense 133 Patents 534 Amortization Expense-Patents 535 Insurance Expense LIABILITIES 536 Supplies Expense 210 Accounts Payable 539 Miscellaneous Expense 211 Salaries Payable 710 Interest Expense 213 Sales Tax Payable 720 Loss on Sale of Delivery Truck 214 Interest Payable 721 Loss on Sale of Equipment 215 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary