Ramona Company incurred the following costs.
|
1 |
Sales tax on factory machinery purchased |
$ 5,000 |
|
2 |
Painting of and lettering on truck immediately upon purchase |
700 |
|
3 |
Installation and testing of factory machinery |
2,000 |
|
4 |
Real estate broker”s commission on land purchased |
3,500 |
|
5 |
Insurance premium paid for first year”s insurance on new truck |
880 |
|
6 |
Cost of landscaping on property purchased |
7,200 |
|
7 |
Cost of paving parking lot for new building constructed |
17,900 |
|
8 |
Cost of clearing, draining, and filling land |
13,300 |
|
9 |
Architect”s fees on self-constructed building |
10,000 |
Instructions
Indicate to which account Ramona would debit each of the costs.