eBook Show Me How Calculator Print tem Capital and revenue expenditures Instructions Chart of Accounts Journal Instructions Quality Move Company made the following expenditures on one of to delivery trucks Mar 20 June 11 Nov. 30 Replaced the transmission at a cost of $1,970 Paid $1.455 for installation of a hydraulic it Paid $56 to change the oil and or fiter Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of accounties Capital and revenue expenditures Chart of Accounts Journal Journal Prepare journal entries for each expenditure Refer to the Chant of Accounts for exact wording of accountries JOURNAL ACCOUNTING EQUATION DESCRIPTION ASSETS TIMES route art of Accounts CHART OF ACCOUNTS Quality Move Company General Ledger REVENUE 410 Sales 610 Interest Revenue 620 Gain on Sale of Delivery Truck 621 Gain on Sale of Equipment ASSETS 110 Cash 111 Petty Cash 112 Accounts Receivable 114 Interest Receivable 115 Notes Receivable 116 Merchandise Inventory 117 Supplies 119 Prepaid Insurance 120 Land s EXPENSES ARE 510 Cost of Merchandise Solde 520 Salaries Expense 521 Advertising Expense s Capital and revenue expenditures Journal Journal Chart of Accounts 120 Land 123 Delivery Truck 124 Accumulated Depreciation-Delvery Truck 125 Equipment 126 Accumulated Depreciation Equipment 130 Mineral Rights 131 Accumulated Depletion 132 Goodwill 133 Patents 521 Advertising Expense 522 Depreciation Expense-Delivery Truck 523 Delivery Expense 524 Repairs and Maintenance Expense 529 Seling Expenses 531 Rent Expense 532 Depreciation Expente-Equipment 533 Depletion Expense 534 Amortization Expence Potents 535 Insurance Expense 536 Supplies Expense 539 Miscellaneous Expense 710 Interest Expense 720 Loss on Sale of Delivery Truck Loss on Sale of Equipment LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214. Interest Payable Chart of Accounts 133 Patents LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable 534 Amortization Expense-Patents 535 Insurance Expense 536 Supplies Expense 539 Miscellaneous Expense 710 Interest Expense 720 Loss on Sale of Delivery Truck 721 Loss on Sale of Equipment EQUITY 310 Owner's Capital 311 Owner's Drawing

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