In March, Hollaway Company completes Jobs 10 and 11. Job 10 cost $25,000 and Job 11 $30,000.

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In March, Hollaway Company completes Jobs 10 and 11. Job 10 cost $25,000 and Job 11 $30,000. On March 31, Job 10 is sold to the customer for $35,000 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2011 07:27 AM

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In March, Hollaway Company completes Jobs 10 and 11. Job 10 cost $25,000 and Job 11 $30,000.

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Mar 31 Finished Goods Inventory 5...View the full answer

Accounting Principles

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