Capital and Revenue Expenditures On December 2, GTS Co. paid $1,440 to repair the transmission on one of its delivery vans. In addition, GTS paid $27 to install a GPS system in its van. Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank. December 2 Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank. December 2

Capital and Revenue Expenditures On December 2, GTS Co. paid $1,440 to repair the transmission on one of its delivery vans. In addition, GTS paid $27 to install a GPS system in its van. Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank. December 2 Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank. December 2

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets

Section: Chapter Questions

Problem 1AP

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