Problem: Jupiter Company incurred the following costs.
1. Sales tax on factory machinery purchased $ 5,000
2. Painting of and lettering on truck immediately upon purchase 700
3. Cost of paving parking lot for new building constructed 17,900
4. Real estate broker’s commission on land purchased 3,500
5. Insurance premium paid for first year’s insurance on new truck 880
6. Cost of landscaping on property purchased 7,200
7. Installation and testing of factory machinery 2,000
8. Architect’s fees on self-constructed building 10,000
9. Cost of clearing, draining, and filling land 13,300
Instructions:
Indicate to which account Jupiter would debit each of the costs.