Question
1) Prepare the following journal entry Work in Process beginning balance - $10,500 Finished Goods beginning balance - $5,600 Raw materials purchased on account $65,000.
1) Prepare the following journal entry
Work in Process beginning balance - $10,500
Finished Goods beginning balance - $5,600
Raw materials purchased on account $65,000.
2) Prepare the following journal entry An amount of $59,000 was transferred out of Raw Materials.
Direct materials were 85% and indirect materials were 15%.
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Quality Auditing Note Book Journal Notes Checklist Questions Observations Evidence Log
Authors: Just Visualize It, The Quality Guy
1st Edition
1726688402, 978-1726688406
