Whole Grain Bakery purchases an industrial bread machine for $24,500. In addition to the purchase price, the company makes the following expenditures: freight, $1,450; installation, $2,900; testing, $950; and property tax on the machine for the first year, $490. Record the purchase of the bread machine. Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet < 1 Record the purchase of the bread machine. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal