Question
In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $27,000 and Job 11 $34,000. On March 31, Job 10 is sold to
In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $27,000 and Job 11 $34,000. On March 31, Job 10 is sold to the customer for $43,300 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
Mar. 31 | enter an account title to record the completion of the two jobs on March 31 | enter a debit amount | enter a credit amount |
enter an account title to record the completion of the two jobs on March 31 | enter a debit amount | enter a credit amount | |
(To record the completion of the two jobs) | |||
31 | enter an account title to record the sale Job 10 | enter a debit amount | enter a credit amount |
enter an account title to record the sale Job 10 | enter a debit amount | enter a credit amount | |
(To record the sale Job 10) | |||
31 | enter an account title to record the cost of the job sold | enter a debit amount | enter a credit amount |
enter an account title to record the cost of the job sold | enter a debit amount | enter a credit amount | |
(To record the cost of the job sold) |
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