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The transactions that follow are expenditures related to property, plant, and equipment: For each of the transactions, indicate the title of the account that you
The transactions that follow are expenditures related to property, plant, and equipment: For each of the transactions, indicate the title of the account that you think should be debited in recording the transaction. 1. Replaced fleet of gasoline-powered delivery trucks with electric-powered trucks at a cost of $199,400. 2. Paid legal fees of $10,150 to acquire land. 3. Painted the delivery trucks with the company logo at a cost of $1,910 each. 4. Installed charging stations to power delivery trucks for $10,150. 5. Expenditures totalling $25,000 were incurred to replace the batteries of the electric-powered vehicles. 6. Incurred expenditures of $14,950 to repave the parking lot. 7. Paid $2,650 to insure the delivery vehicles for one year. 8. A total of $5,270 was spent to replace the building's heating system. 9. Installed solar panels on the roof of the building at cost of $49,980. 10. Loading dock door was vandalized during a protest and subsequently repaired for $7,090. Equipment
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