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Homework: Chapter 1/ Homework Score: 0 of 2 pts X E17-22 (similar to) Sav 2 of 4 (2 complete) HW Score: 20%, 2 of 10
Homework: Chapter 1/ Homework Score: 0 of 2 pts X E17-22 (similar to) Sav 2 of 4 (2 complete) HW Score: 20%, 2 of 10 p Question Help June production generated the following activity in Beamer Chassis Company's Work-in-Process Inventory account EE (Click the icon to view the activity.) Additionally, Beamer has completed Jobs 142 and 143, with total costs of $41,000 and $36,000, respectively Read the requirements Requirement 1. Prepare the journal entry for production completed in June. (Prepare a single journal entry for this event. Record debits first, then credits Exclude explanations from any journal entries.) Date Accounts Debit Credit June Finished Goods Inventory 77,000 Work-in-Process Inventory 77,000 Requirement 2. A T-account for Work-in-Process Inventory has been opened for you. Enter the beginning balance "Beg. Bal." on the first line of the T-account Post the June activity, including the journal entry made in Requirement 1, using the appropriate descriptions as posting references. Compute the ending balano "Bal." in the Work-in-Process Inventory account on June 30. (Abbreviation used: MOH = manufacturing overhead.) Work-in-Process Inventory
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