Question Content Area

Capital and Revenue Expenditures

On February 13, Welllington Co. paid $2,700 to repair the transmission on one of its delivery vans. In addition, Welllington paid $53 to install a GPS system in its van.

Question Content Area

Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank.

February 13Accounts PayableAccounts ReceivableAccumulated Depreciation-Delivery VanCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense- Select -- Select - Accounts PayableAccounts ReceivableAccumulated DepreciationCashDepreciation ExpenseDelivery TruckRepairs and Maintenance Expense- Select -- Select -

Question Content Area

Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank.

February 13Accounts PayableAccounts ReceivableAccumulated DepreciationCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense- Select -- Select - Accounts PayableAccounts ReceivableAccumulated DepreciationCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense- Select -- Select