The following selected events occurred for Orwell Company during the first quarter of 2016: Jan. 11 Feb. 15 Mar 10 A motor breaks on a machine and is replaced for $2,400. This replacement was expected when the machine was purchased. A machine breaks down unexpectedly and requires repairs of $700. An accident damages some equipment. Repairs cost $2,000. A motor breaks on a machine and is replaced for $900. The new motor is of an improved design that increases the capacity of the machine. Office layout is rearranged at a cost of $700. At the same time, the walls are repainted for $500. 19 27 Required: 1. Prepare journal entries for the preceding transactions Orwell Company General Ledger ASSETS REVENUE 111 Cash 411 Sales Revenue 121 Accounts Receivable 141 Inventory EXPENSES 152 Prepaid Insurance 500 Cost of Goods Sold 183 Furniture and Fixtures 511 Insurance Expense 512 Utilities Expense 184 Machine 198 Accumulated Depreciation 514 Repair and Maintenance Expense 521 Salaries Expense LIABILITIES 524 Office Expenses 532 Bad Debt Expense 211 Accounts Payable 231 Salaries Payable 540 Interest Expense 250 Unearned Revenue 541 Depreciation Expense 261 Income Taxes Payable 559 Miscellaneous Expenses 910 Income Tax Expense EQUITY 311 Common Stock