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can someone pleae help me in filling these entries correctly? Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Retining. Sitting,
can someone pleae help me in filling these entries correctly?
Radford Inc, manufactures a sugar product by a continuous process, involving three production departments-Retining. Sitting, and Packina hatume that records indicate that direct materiats, direct labor, and applield factory overhead for the first department, Refining, were 5306,000.5145,000; and sont ho0 respectively. Also, work in process in the Refining Department at the begnning of the period totated 520,600 . and work in process at the end of the beinid totaled 528,400 Required: a. (1) On Soptember 30, joumalize the entry to record the flow of costs into the Rehing Department during the period for drect matemua " (2) On September 30, joumalze the entry to record the flow of costs into the Refining Department during the penod far drect abor * (3) On September 30 , joumalize the entry to record the flow of costs into the Refining Department durng the period for factory ovehtiad." b. On September 30, journalize the entry to record the transfer of production costs to the second department, Sming." "Refer to the chart of accounts for the exact wording of the account titites. CNOW journels do not use ines for spaces or jouma emianationt. Every line on a journal page is used for debit or credit enthes. Do not add explanations or skip a ine between journal entmes. Cvow ournat Wiil automatically indent a credit entry when a credit amount is entered. Radford Inc. (73. General Ledger 173 Prepaid Expenses 181 Land 191 Factory 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Journal the exact wording of the account thies. CNOW joumals do not use lines for spaces or joumar explanations. Every lise on a joumw pape a used ty cact a cus not add explanations or skip a line between joumat entries. CNOW journals will automitically indent a credt entry when a crot anount a extiove neer 30. journalize the entry to record the flow of cosis into the Refining Department during the peniod for arect materials Reler ta the chat of accourts to g of the account tales. CNOW joumals do not use lines for spaces or joumal explanations. Every line on a journal page is used for deot or crust enties Do tions or shp a line between joumal entries. CNOW journais will autamatically indent a credi entry when a credt amourt is entered soumain a(3). On September 30. journalize the entry to record the flow of costs into the Refining Department during the penodt the exact wording of the account titles. CNOW journals do not use lines for spaces or joumal explanations. Every line not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry whe 6. On September 30 journalize the entry to record the transler of production coses to the second department sitting Refar to the chat of whosurts tor itse tciatt or skep a line between journal entries. CNOW joimats will aidomatically indent a credt entry when a ciedt anourt is wntered Step by Step Solution
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