Reference no: EM133004510

Question - The following expenditures relating to PPE assets were made by Zhang Ltd during the first 2 months of 2019. Match the transactions to the account title to which each expenditure should be debited by using the pull down menus.

1. Paid $6,000 of accrued land taxes at time factory site was acquired.

2. Paid $17,500 for parking lots and driveways on new factory site.

3. Paid $550 to have company name and advertising slogan painted on new delivery truck.

4. Paid $1,100 air conditioning on new delivery truck.

5. Paid $300 insurance to cover possible accident loss on new factory machinery while machinery was in transit.

6. Paid $18,000 for installation of new factory machinery.

7. Paid $1,600 for a 1-year accident insurance policy on new delivery truck.

8. Paid $550 motor vehicle registration fee on new truck.