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Windsor, Inc. incurs these expenditures in purchasing a truck: cash price $47,000, accident insurance during use) $4,600, sales taxes $2,200, motor vehicle license $300, and painting and lettering $1,600. What is the cost of the truck? Cost of the truck $ No. 1. The following expenditures relating to plant assets were made by Glenn 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. Expenditures Plant Assets Paid $7,000 of accrued taxes at the time the plant site was acquired. 2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. Paid $850 sales taxes on a new delivery truck. 4. Paid $21,000 for parking lots and driveways on the new plant site. Paid $250 to have the company name and slogan painted on the new delivery truck. Paid $8,000 for installation of new factory machinery Paid $900 for a 2-year accident insurance policy on the new delivery truck. 3. 5. 6. 7. 8. Paid $75 motor vehicle license fee on the new truck Advertising Expense Buildings Equipment Land Land Improvements License Expense Prepaid Insurance