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In March, Blossom Company completes Jobs 10 and 11. Job 10 cost $20,400 and Job 11 $30,600. On March 31, Job 10 is sold
In March, Blossom Company completes Jobs 10 and 11. Job 10 cost $20,400 and Job 11 $30,600. On March 31, Job 10 is sold the customer for $35,700 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 Finished Goods Inventory Work in Process Inventory (To record the completion of the two jobs) 31 Cash 31 Sales Revenue (To record the sale Job 10) Cost of Goods Sold Finished Goods Inventory (To record the cost of the job sold) Debit 35700 Credit
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