Quality Move Company made the following expenditures on one of its delivery trucks:

Mar. 20	Replaced the transmission at a cost of $1,790.
June 11	Paid $1,215 for installation of a hydraulic lift.
Nov. 30	Paid $55 to change the oil and air filter.

Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of account titles.

Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of account titles.

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Willow Creek Company purchased and installed carpet in its new general offices on April 30 for a total cost of $35,136. The carpet is estimated to have a 16-year useful life and no residual value.

A.	Prepare the journal entry necessary for recording the purchase of the new carpet. Refer to the Chart of Accounts for exact wording of account titles.
B.	Record the December 31 adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek Company uses the straight-line method. Refer to the Chart of Accounts for exact wording of account titles.

A. Prepare the journal entry necessary for recording the purchase of the new carpet. Refer to the Chart of Accounts for exact wording of account titles.

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JOURNAL

ACCOUNTING EQUATION

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT	ASSETS	LIABILITIES	EQUITY
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