Reference no: EM132499492
Bliesmer SE 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 fi rst year's insurance on new truck 1,100
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 fi lling land 12,600
9. Architect's fees on self-constructed building 10,000
Instructions:
Question 1: Indicate to which account Bliesmer would debit each of the costs.
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