Question
Job 113 was completed at a cost of $5,200, and Job 85 was completed at a cost of $2,900 and sold on account for $4,300.
Job 113 was completed at a cost of $5,200, and Job 85 was completed at a cost of $2,900 and sold on account for $4,300. Prepare journal entries for the following: If an amount box does not require an entry, leave it blank.
A. Completion of Job 113.
Accounts PayableAccumulated DepreciationFinished Goods InventoryManufacturing OverheadWork in Process Inventory | - Select - | - Select - | |
Accounts PayableAccumulated DepreciationFinished Goods InventoryManufacturing OverheadWork in Process Inventory | - Select - | - Select - |
B. Completion and sale of Job 85.
Accounts PayableAccumulated DepreciationFinished Goods InventoryManufacturing OverheadWork in Process Inventory | - Select - | - Select - | |
Accounts PayableAccumulated DepreciationFinished Goods InventoryManufacturing OverheadWork in Process Inventory | - Select - | - Select - | |
Accounts PayableAccumulated DepreciationCost of Goods SoldFinished Goods InventoryManufacturing Overhead | - Select - | - Select - | |
Accounts PayableAccumulated DepreciationCost of Goods SoldFinished Goods InventoryManufacturing Overhead | - Select - | - Select - | |
Accounts PayableAccounts ReceivableAccumulated DepreciationSalesManufacturing Overhead | - Select - | - Select - | |
Accounts PayableAccounts ReceivableAccumulated DepreciationSalesManufacturing Overhead | - Select - | - Select - |
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