Question: Please help, practice question for high school intro to accounting class. Oaktree Company purchased new equipment and made the following expenditures: The equipment, including sales

Please help, practice question for high school intro to accounting class.
 Please help, practice question for high school intro to accounting class.
Oaktree Company purchased new equipment and made the following expenditures: The equipment,

Oaktree Company purchased new equipment and made the following expenditures: The equipment, including sales tax, was purchased on open occount, with payment due in 30 days. The other expenditures listed above were paid in cash. Required: Prepare the necessary journal entries to record the above expenditures. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Oaktree Company purchased new equipment and made the following expenditures: The equipment, including sales tax, was purchased on open account, with payment due in 30 days. The other expenditures lis above were paid in cash. Required: Prepare the necessary journal entries to record the above expenditures. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record any expenditures not capitalized in the purchase of equipment. Note: Enter debits before credits

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