Rochester Flour Mills purchased new equipment and made the

Last updated: 10/11/2023

Rochester Flour Mills purchased new equipment and made the following expenditures Purchase price 56 000 Sales tax 5 050 Shipment of equipment Insurance on the equipment for the first year Installation of equipment 810 510 1 620 Required Record the expenditures All expenditures were paid in cash If no entry is required for a particular transaction event sel Journal Entry Required in the first account field