question quality move company made the following expenditures on one of its delivery 4291660
Question
Quality Move Company made the following expenditures on one of its delivery trucks:
Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of account titles.
CHART OF ACCOUNTSQuality Move CompanyGeneral Ledger
|
Mar. 20. |
Replaced the transmission at a cost of $1,720. |
|
June 11. |
Paid $1,255 for installation of a hydraulic lift. |
|
Nov. 30. |
Paid $55 to change the oil and air filter. |