Ramona Company incurred the following costs.
| 1 Don't use plagiarized sources. Get Your Custom Essay on ramona company incurred the following costs 534551 For $10/Page 0nly | 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.
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