I need help.Thank you Journal Entries: Repairs, Maintenance, Additions, Improvem
ID: 2607435 • Letter: I
Question
I need help.Thank you
Journal Entries: Repairs, Maintenance, Additions, Improvements, and Repl Prepare the entries for the following transactions for Galindo's Grocery using a general journal: 1. Replaced the checkout computer in Checkout Stand A for $2,500 cash. The computer is part of the Checkout Stand. The replacement is expected to extend the life of the checkout stand. 2. Added a laser scanner to Checkout Stand B for $3,600 cash to decrease checkout time. 3. Cleaned scanner window on Checkout Stand A for $20 cash (normal maintenance). If an amount box does not require an entry, leave it blank. Page: DOC. POST NO. REF. DATE ACCOUNT TITLE DEBIT CREDIT 3 4 2 6 7 3.Explanation / Answer
General Journal
date
explanation
DOC.No.
Ref.No.
Debit
credit
1-
check out stand (computer)
2500
cash
2500
2-
checkout stand (scanner)
3600
cash
3600
3-
repair and maintenance expense
20
cash
20
General Journal
date
explanation
DOC.No.
Ref.No.
Debit
credit
1-
check out stand (computer)
2500
cash
2500
2-
checkout stand (scanner)
3600
cash
3600
3-
repair and maintenance expense
20
cash
20