Rochester Flour Mills purchased new equipment and made the following expenditures:

Purchase price

Sales tax

Shipment of equipment

Insurance on the equipment for the first year

Installation of equipment

$$56,000$

$5,050$

$810$

$510$

$1,620$

Required:

Record the expenditures. All expenditures were paid in cash. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

Record the expenditures. All expenditures were paid in cash.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,]]$