Instructions Quality Move Company made the following expenditures on one of its delivery trucks: Replaced the transmission at a cost of $1,805. Mar. 20 Paid $1,305 for installation of a hydraulic lift. June 11 Paid $54 to change the oil and air filter. Nov. 30 Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts Quality Move Company General Ledger ASSETS REVENUE 410 Sales 110 Cash 111 Petty Cash 610 Interest Revenue 112 Accounts Receivable 620 Gain on Sale of Delivery Truck 621 Gain on Sale of Equipment 114 Interest Receivable 115 Notes Receivable EXPENSES 116 Merchandise Inventory 510 Cost of Merchandise Sold 117 Supplies 520 Salaries Expense 119 Prepaid Insurance 521 Advertising Expense 120 Land 522 Depreciation Expense-Delivery Truck 123 Delivery Truck 523 Delivery Expense 124 Accumulated Depreciation-Delivery Truck 524 Repairs and Maintenance Expense 125 Equipment 529 Selling Expenses 126 Accumulated Depreciation-Equipment 531 Rent Expense 130 Mineral Rights 532 Depreciation Expense-Equipment 131 Accumulated Depletion 533 Depletion Expense 132 Goodwill 534 Amortization Expense-Patents 133 Patents EXPENSES 510 Cost of Merchandise Sold 520 Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Delivery Truck 523 Delivery Expense 524 Repairs and Maintenance Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Equipment 533 Depletion Expense 534 Amortization Expense-Patents 535 Insurance Expense 536 Supplies Expense 539 Miscellaneous Expense 710 Interest Expense 720 Loss on Sale of Delivery Truck 721 Loss on Sale of Equipment LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable EQUITY 310 Owner's Capital 311 Owner's Drawing PAGE 1 JOURNAL ACCOUNTING EQUATION LIABILITIES CREDIT DATE DESCRIPTION POST. REF. DEBIT ASSETS EQUITY 1 3 4 6