Examlex
Identify each of the following expenditures as chargeable to (a) Land, (b) Land Improvements, (c) Buildings, (d) Machinery and Equipment, or (e) other account.
Cost of paving parking are a for employees and customers.
Insurance duing constuction of building:
Interest incured on lo an during construction of building:
Fee paid for installation of equipment.
Special foundation for new equipment acquired.
Insurance on new equipment while in transit.
Freight charges on new equipment.
Cost of repairing vandalism damage to equipment during installation.
Sales tax on new equipment.
Cost incure din repaing damage resulting from installation of new equipment.
Cost of land fill for building site.
Cost of lubric ating oil purchased for periodic oil changes for equipment.
Parking lot lighting
Inst alling a fence around the parking lot
Repainting the trim on a building:
Special assessment paid to city for extension of water main to property.
Cost of razing and removing the old building on property acquired for a building site.
D dincuent real estate taxes assumed by purchass on property accuired for a bualding site.
Attomey's fee for title search.
Architect's fee for building plans and supervision of construction.
Computer Technician
A professional who diagnoses, repairs, and maintains computers and servers.
Software Updates
Amendments, improvements, or enhancements to software, including bug fixes, security patches, and new features to ensure optimal performance and security.
Unearned Subscriptions
Revenue received in advance for subscriptions that have not yet been fulfilled.
Adjusting Entries
Journal entries made in an accounting period to update the records for accruals and deferrals that have not been fully recorded during the period.
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