Question
. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank
. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0". Entries Description Debit Credit a. 2450 2450 b. 44110 4530 23900 24740 c. 5000 5000 d. 1750 1750 e. 14170 14170 f. 33325 33325 g. 34130 34130 21385 21385 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. Work in Process 44110 33325 14170 Bal. 24955 Finished Goods 33325 21385 Bal. 11940 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Staircase Equipment Company Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total $ $ $ $ Balance of Work in Process, April 30 $ 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Staircase Equipment Company Schedule of Completed Jobs Job Direct Materials Direct Labor Factory Overhead Total $ $ $ $
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