Capital and Revenue Expenditures On August 7, Welllington Co. paid $2,430 to install a hydraulic lift...
Capital and Revenue Expenditures On August 7, Welllington Co. paid $2,430 to install a hydraulic lift and $34 for an air filter for one of its delivery trucks. Journalize the entries for the new lift. August 7 Journalize the entry for air filter expenditures. August 7
Homework Answers
Wellington Co.
Journal
| Date | Particulars | Debit | Credit |
| August 7 | Delivery Truck | 2,430 | |
| Cash | 2,430 | ||
| (Hydraulic lift installed ) | |||
| August 7 | Repairs and Maintenance Expense | 34 | |
| Cash | 34 | ||
| (Payment made for air filter) |
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Capital and Revenue Expenditures On August 7, Welllington Co.
paid $2,430 to install a hydraulic lift...
Capital and Revenue Expenditures On April 29, Welllington Co. paid $1,660 to install a hydraulic lift...
Capital and Revenue Expenditures On April 29, Welllington Co. paid $1,660 to install a hydraulic lift and $33 for an air filter for one of its delivery trucks. Journalize the entries for the new lift. April 29 Journalize the entry for air filter expenditures. April 29
Capital and Revenue Expenditures On February 13, GTS Co. paid $1,950 to install a hydraulic lift...
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