Question: For each entry below make a correcting entry if necessary. If the entry given is correct, then state No entry required. (a) The $70 cost

For each entry below make a correcting entry if necessary. If the entry given is correct, then state "No entry required."

(a) The $70 cost of repairing a printer was charged to Equipment

(b) The $4200 cost of a major engine overhaul was debited to Maintenance and Repairs Expense. The overhaul is expected to increase the operating efficiency of the truck.

(c) The $6000 closing costs associated with the acquisition of land were debited to Miscellaneous Expense.

(d) A $500 charge for transportation expenses on new equipment purchased was debited to Freight-in.

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