Practice Assignment Gradebook ORION signment CALCULATOR FULL

Practice Assignment Gradebook ORION signment CALCULATOR FULL SCREEN PRINTER VERS ES Exercise 9-1 es relating to plant assets were made by Watkens Company during the first 2 months of 2014. (a) Indicate the account title to which each expenditure should be debited 1. Paid $7,000 of accrued taxes at the time the plant site was acquired. 2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. udy 3. Paid $850 sales taxes on a new delivery truck. Paid $21,000 for parking lots and driveways on the new plant site. 5. Paid $250 to have the company name and slogan painted on the new delivery truck Paid $8,000 for installation of new factory machinery 7. Paid $900 for a 1-year accident insurance policy on the new delivery truck 8. Paid $75 motor vehicle license fee on the new truck. VIDEO: SKILL BUILDING VIDEO SIMILAR PROBLEM MacBook Air

Solution

1 Cost of land

2 Cost of Factory Machinery

3 Cost of Delivery Truck

4 Cost of Plant

5 Cost of Delivery Truck

6 Cost of Factory Machinery

7 Prepaid Insurance Expenses

8 License EXpenses