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I need answers 8-11 CCOUNTING OCIETY 10. Prepare the necessary Journal Entries related to the manufacturing cycle for this accounting period and use the account
I need answers 8-11
CCOUNTING OCIETY 10. Prepare the necessary Journal Entries related to the manufacturing cycle for this accounting period and use the account numbers as listed below instead of account names 11. Chart of Accounts Assets Cash Accounts Receivable Raw Materials Aluminum Raw Materials Wheels WIP FOH FG Account Number 10000 11000 12000 12100 12200 12300 12400 Liabilitie:s Accounts Payable Wages Payable 20000 21000 Sales 40000 COGS 50000 Example: Sales on Account would be Debit 11000, Credit 40000 All sales were made on account, materials and wheels and wages were paid on account. The actual FOH was paid using cash. Make sure all numbers are rounded to the nearest cent. 12. Use an Excel spreadsheet to calculate your answers before you enter your answers onto blackboard. Make sure to follow all the examples on blackboard when entering your answers and enter your answers exactly as given to you on blackboard. CCOUNTING OCIETY 10. Prepare the necessary Journal Entries related to the manufacturing cycle for this accounting period and use the account numbers as listed below instead of account names 11. Chart of Accounts Assets Cash Accounts Receivable Raw Materials Aluminum Raw Materials Wheels WIP FOH FG Account Number 10000 11000 12000 12100 12200 12300 12400 Liabilitie:s Accounts Payable Wages Payable 20000 21000 Sales 40000 COGS 50000 Example: Sales on Account would be Debit 11000, Credit 40000 All sales were made on account, materials and wheels and wages were paid on account. The actual FOH was paid using cash. Make sure all numbers are rounded to the nearest cent. 12. Use an Excel spreadsheet to calculate your answers before you enter your answers onto blackboard. Make sure to follow all the examples on blackboard when entering your answers and enter your answers exactly as given to you on blackboardStep by Step Solution
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