TTG Landscaping purchased a dump truck for $150,000. In addition, they spent $12,000 in sales tax, $200 to paint the company’s logo on the truck, $900 for a vehicle license, and $2,400 for accident insurance. What is the journal entry for this transaction?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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TTG Landscaping purchased a dump truck for $150,000. In addition, they spent $12,000 in sales tax, $200 to paint the company’s logo on the truck, $900 for a vehicle license, and $2,400 for accident insurance. What is the journal entry for this transaction?

 
 
 
 
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