The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2020 Opposite each of the following transactions indicate the account title to which each expenditure should be debited. No. Plant Assets 1. 2 > 3 Expenditures Paid $5,000 of accrued taxes at time plant site was acquired. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. Paid $850 sales taxes on new delivery truck Paid $17,500 for parking lots and driveways on new plant site. Paid $250 to have company name and advertising slogan painted on new delivery truck Paid $8,000 for installation of new factory machinery Paid $900 for one-year accident insurance policy on new delivery truck. Paid $75 motor vehicle license fee on the new truck. 5 6. 7. 8. > e Textbook and Media Land Save for Later License Expense Land Improvements Attempts: 0 of Advertising Expense Buildings Equipment Prepaid Insurance