Capital Expenditures and Revenue Expenditures Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20. Replaced the transmission at a cost of $4,135. June 11. Paid $1,770 for installation of a hydraulic lift. Nov. 30. Paid $73 to change the oil and air filter. Prepare the journal entries for each expenditure. Mar. 20   fill in the blank 2         fill in the blank 4 June 11   fill in the blank 6         fill in the blank 8 Nov. 30   fill in the blank 10         fill in the blank 12

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Capital Expenditures and Revenue Expenditures

Quality Move Company made the following expenditures on one of its delivery trucks:

Mar. 20. Replaced the transmission at a cost of $4,135.
June 11. Paid $1,770 for installation of a hydraulic lift.
Nov. 30. Paid $73 to change the oil and air filter.

Prepare the journal entries for each expenditure.

Mar. 20   fill in the blank 2  
      fill in the blank 4
June 11   fill in the blank 6  
      fill in the blank 8
Nov. 30   fill in the blank 10  
      fill in the blank 12
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