Capital and revenue expenditures Quality Move Company made the following expenditures on one of its delivery...
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Capital and revenue expenditures Quality Move Company made the following expenditures on one of its delivery trucks: March 20. June 11. Replaced the transmission at a cost of $7,440. Paid $920 for installation of a hydraulic lift. November 30. Paid $77 to change the oil and air filter. Journalize the entry for each expenditure. If an amount box does not require an entry, leave it blank. March 20 June 11 November 30 Capital and revenue expenditures Quality Move Company made the following expenditures on one of its delivery trucks: March 20. June 11. Replaced the transmission at a cost of $7,440. Paid $920 for installation of a hydraulic lift. November 30. Paid $77 to change the oil and air filter. Journalize the entry for each expenditure. If an amount box does not require an entry, leave it blank. March 20 June 11 November 30
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