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refront TMG Suggested Sites. e) HP-See what's H t- e Web Sice Gallery. ment CALCULATOR FULL SCREEN PRINTER VERSIa Exercise 9-1 The following expenditures relating to plant assets were made by Glenn Company during the first 2 months of 2014. (b) 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. ble accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on a new delivery truck. 4. 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. 6. 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 vehic icense fee on the new truck Click if you would like to Show Work for this question: Open Shos Work LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policý set by your instructorExplanation / Answer
1 Land 2 Factory Machinery/Equipment 3 Delivery Truck/Equipment 4 Land Improvements 5 Delivery Truck/Equipment 6 Factory Machinery/Equipment 7 Prepaid Insurance 8 License Expense
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