A custom manufacturer completed Jobs 103 and 104. Job 103 cost $12,000 and was sold (on credit)

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A custom manufacturer completed Jobs 103 and 104. Job 103 cost $12,000 and was sold (on credit) for $20,000. Job 104 cost $15,000. Prepare journal entries to record

(a) The completion of both jobs,

(b) The sale of Job 103,

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Question Posted: Oct 27, 2021 02:50 AM

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A custom manufacturer completed Jobs 103 and 104. Job 103 cost $12,000 and was sold (on credit)

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Journal Entries Transaction Account title and explanation Debit Cred...View the full answer

Fundamental Accounting Principles

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