On August 5, Welllington Co. paid $1,220 to repair the transmission on one of its delivery vans.
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Question:
On August 5, Welllington Co. paid $1,220 to repair the transmission on one of its delivery vans. In addition, Welllington paid $45 to install a GPS system in its van.
Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank.
August 5 | Accounts PayableAccounts ReceivableAccumulated Depreciation-Delivery VanCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense | ||
Accounts PayableAccounts ReceivableAccumulated DepreciationCashDepreciation ExpenseDelivery TruckRepairs and Maintenance Expense |
Question Content Area
Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank.
August 5 | Accounts PayableAccounts ReceivableAccumulated DepreciationCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense | ||
Accounts PayableAccounts ReceivableAccumulated DepreciationCashDelivery VanDepreciation ExpenseRepairs and Maintenance Expense |
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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