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Sandhill Co. had the following two transactions related to its delivery truck. 1. Paid $47 for an oil change. 2. Paid $539 to install special shelving units, which increase the operating efficiency of the truck. Prepare Sandhill Co.'s journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation 1. 2. Debit Credit

Sandhill Co. had the following two transactions related to its delivery truck. 1. Paid $47 for an oil change. 2. Paid $539 to install special shelving units, which increase the operating efficiency of the truck. Prepare Sandhill Co.'s journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation 1. 2. Debit Credit

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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answer must be in table format or i will give down vote 

Sandhill Co. had the following two transactions related to its delivery truck. 1. Paid $47 for an oil change. 2. Paid $539 to install special shelving units, which increase the operating efficiency of the truck. Prepare Sandhill Co.'s journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation 1. 2. Debit Credit
Transcribed Image Text:Sandhill Co. had the following two transactions related to its delivery truck. 1. Paid $47 for an oil change. 2. Paid $539 to install special shelving units, which increase the operating efficiency of the truck. Prepare Sandhill Co.'s journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation 1. 2. Debit Credit
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