Solution-Belltone company made the following expenditures

Belltone company made the following expenditures

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Reference no: EM13997426

Belltone Company made the following expenditures related to its 10-year-old manufacturing facility:

1. The heating system was replaced at a cost of $250,000. The cost of the old system was not known. The company accounts for improvements as reductions of accumulated depreciation.

2. A new wing was added at a cost of $750,000. The new wing substantially increases the productive capacity of the plant.

3. Annual building maintenance was performed at a cost of $14,000.

4. All of the machinery on the assembly line in the plant was rearranged at a cost of $50,000. The rearrangement clearly increases the productive capacity of the plant.

Required:

Prepare journal entries to record each of the above expenditures.

Reference no: EM13997426

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Belltone company made the following expenditures

Reference no: EM13997426

Reference no: EM13997426

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