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Carla Vista Co. had the following two transactions related to its delivery truck. 1.   Paid $48 for an oil change. 2.   Paid $549 to install special shelving units, which increase the operating efficiency of the truck. Prepare Carla Vista Co.’s journal entries to record these two transactions.

Carla Vista Co. had the following two transactions related to its delivery truck. 1.   Paid $48 for an oil change. 2.   Paid $549 to install special shelving units, which increase the operating efficiency of the truck. Prepare Carla Vista Co.’s journal entries to record these two transactions.

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter3: The General Journal And The General Ledger
Section: Chapter Questions
Problem 6E: The bookkeeper for Nevado Company has prepared the following trial balance: The bookkeeper has asked...
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Carla Vista Co. had the following two transactions related to its delivery truck.

1.   Paid $48 for an oil change.
2.   Paid $549 to install special shelving units, which increase the operating efficiency of the truck.


Prepare Carla Vista Co.’s journal entries to record these two transactions.

Carla Vista Co. had the following two transactions related to its delivery truck. 1. Paid $48 for an oil change. 2. Paid $549 to install special shelving units, which increase the operating efficiency of the truck. Prepare Carla Vista Co's journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2.
Transcribed Image Text:Carla Vista Co. had the following two transactions related to its delivery truck. 1. Paid $48 for an oil change. 2. Paid $549 to install special shelving units, which increase the operating efficiency of the truck. Prepare Carla Vista Co's journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2.
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