The Transactions That Follow Are Expenditures Related To Property Plant And Equipment For Each Of The Transactions I 1 (38.99 KiB) Viewed 5 times
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. 2. 3. 4. 6. 7. 5. A fee of $1,460 was paid for adjusting and testing new equipment before its use. 8. 9. Operator controls on equipment were replaced for $6,450, because the original control devices were not adequate. 10. A total of $4,190 was spent for decorative landscaping (such as planting flowers and shrubs). A new air conditioning system for the office was purchased for $15,980. Windows broken in a labour dispute were replaced for $2,245. Equipment damaged by a forklift was repaired for $5,000. The transmission in a delivery truck was repaired for $2.460. Expenditures totalling $3,090 were incurred to repaint the exterior of the building. Paid $20,000 to convert the company's delivery vehicles from gasoline to propane to increase fuel efficiency. Paid $10,000 to replace the company's light bulbs with more energy-efficient bulbs. > > > <
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