The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2022

Current Attempt in Progress The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2022. Opposite each of the following transactions indicate the account title to which each expenditure should be debited. No. 1. 2. 3. 4. 5. 6. 8. Expenditures Paid $5,000 of accrued taxes at the time the 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 the new plant site. Paid $250 to have the company name and advertising slogan painted on the new delivery truck. Paid $8,000 for installation of new factory machinery. Paid $900 for I-year accident insurance policy on the new delivery truck. Paid $75 motor vehicle license fee on the new truck. Plant Assets