nt Attempt in Progress Your answer is partially correct. (b) The following expenditures related to property, plant, and equipment were made by Pascal Company. For each of the following transactions select the account title that the expenditure should be debited to. 1. Paid $400,000 for a new plant site. Land 2. Paid $5,000 in legal fees on the purchase of the plant site. Insurance Expense 3. Paid $7,500 for grading the plant site. Land Improvements 4. Paid $4,800 to demolish an old building on the plant site; residual materials were sold for $900. Land Improvements 5. Paid $54,000 for a new delivery truck. Vehicles 6. Paid $200 freight to have the new delivery truck delivered. Vehicles 7. Paid the $95 motor vehicle licence fee on the new truck. Licence Expense 8. Paid $17,500 for paving the parking lots and driveways on the plant site. Paving Expense eTextbook and Media Save for Later Attempts: 1 Plant Insurance Expense Installation Expense Advertising Expense Vehicles Architect Fees Land Interest Expense Licence Expense Paving Expense Land Improvements Goodwill Restoration Cost Legal Fees Prepaid Licenses Factory Machinery Prepaid Insurance