TBSFC00191 1. TBSFC00191 Classification Situation Gear Inc. recently invested in several plant assets including: land for building site, the building, special equipment to be used in the firm's manufacturing operations, and a delivery vehicle. The first column below lists the related expenditures. In the second column, indicate the appropriate account to be debited for the expenditures by clicking on the related cell in that column and selecting from the options provided in the popup list. Items may be used more than once. Expenditure Accounting Treatment Title insurance and legal fees in conjunction with land purchase Remove old building on land parcel just purchased Grading the land parcel before constructing the building Remove building owned for several years by Gear on an adjacent parcel of land also owned by Gear, to accommodate larger new building Architect fee Material, labor, and overhead incurred during construction of building Interest incurred during construction of building Landscaping Sprinkler system for grounds Casualty insurance on building for first year Purchase price of equipment Equipment setup and trial runs Freight charges on equipment Interest on note payable used in partial payment of equipment purchase Special wiring and installation of equipment Select an option below Building Equipment Expense Land Land improvements Loss O Prepaids Vehicle RESET CANCEL ACCEPT