Record the following transactions that occurred during March 2019 for Harris Manufacturing Company, which uses the perpetual
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Record the following transactions that occurred during March 2019 for Harris Manufacturing Company, which uses the perpetual inventory system:
Mar. 12 Transferred $5,000 of completed goods from the factory to the warehouse.
15 Requisitioned $3,000 of materials for use in the factory as direct materials and $500 for indirect materials.
18 Sold goods costing $4,000 for $6,000 on account.
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Related Book For
Managerial Accounting For Undergraduates
ISBN: 9780357499948
2nd Edition
Authors: James Wallace, Scott Hobson, Theodore Christensen
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