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The following events occurred for Rams Machinery during the second quarter of 2016: 1 Trucks needed new brakes at a cost of $750. April April

The following events occurred for Rams Machinery during the second quarter of 2016: 1 Trucks needed new brakes at a cost of $750. April April 15 May June Replaced engine on large machine at a cost of $3,500, the replacement will improve capacity 4 A freak hurricane damages some equipment. Repairs cost $1,850 30 Office improvements of carpet cost $1,500, painting cost $500. Required: Prepare the journal entries for the preceding transactions. (9 pts) April 1, April 15, May 4, June 30, Debit Creditimage text in transcribed

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