Question
In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $25,500 and Job 11 $38,000. On March 31, Job 10 is sold
In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $25,500 and Job 11 $38,000. On March 31, Job 10 is sold to the customer for $38,000 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 Mar. 31 31 31 (To record the completion of the two jobs) (To record the sale Job 10) (To record the cost of the job sold) Debit Credit
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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