Holland Flour Mills purchased new equipment and made the following expenditures: Purchase price Sales tax $ 71, 000 5, 800 Shipment of equipment Insurance on the equipment for the first year...

This question is aking for journal entry.

Record the expenditures. All expenditures were paid in cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 "/>
Extracted text: Holland Flour Mills purchased new equipment and made the following expenditures: Purchase price Sales tax $ 71, 000 5, 800 Shipment of equipment Insurance on the equipment for the first year Installation of equipment 960 660 1, 920 Required: Record the expenditures. All expenditures were paid in cash. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 > Record the expenditures. All expenditures were paid in cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1