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Journal Entries Sharma Company has three process departments: Mixing, Encapsulating, and Botting. At the beginning of the year, there were no work-in-process or finished goods

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Journal Entries Sharma Company has three process departments: Mixing, Encapsulating, and Botting. At the beginning of the year, there were no work-in-process or finished goods Inventories. The following data are available for the month of July Manufacturing Ending Work in Department Costs Added Process Mixing $91,500 $20,290 Encapsulating 77,020 18,920 Bottling 70,220 3,750 Includes only the direct materials, direct labor, and the overhead used to process the partially finished goods received from the prior department. The transferred in a is not included Required: 1. Prepare Journal entries that show the transfer of costs (a) from Mixing to Encapsulating, (b) from Encopaulating to Botting, and (c) from Botting to finished goods Inventory b. Finished Goods Materials Work In Process-Bottling Work In Process-Encapsulating Work In Process-Mixing 2. Post the entries made in Requirements into the T-accounts below. The costs added from the data provided have been entered in the Taccounts 2. Post the entries made in Requirement into the T-accounts below. The costs added from the data provided have been entered in the T-accounts. WIP-Mixing 91,500 20,290 WIP-Encapsulating 77,020 18,920 WIP-Bottling 70,720 3,750 Finished Goods

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