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Journalize the following transactions for Sleek's Furniture. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations
Journalize the following transactions for Sleek's Furniture. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,600. ges Date a. More info Accounts g. Completed production on jobs with costs of $36,000. h. Sold inventory on account, $30,000; cost of goods sold, $16,000. 1. Adjusted for overallocated or underallocated overhead. COD a. Incurred and paid Web site expenses, $2,600. b. Incurred manufacturing wages of $12,000, 60% of which was direct labor and 40% of which was indirect labor. c. Purchased raw materials on account, $17,000. Print Debit d. Used in production: direct materials, $8,000; indirect materials, $2,000. e. Recorded manufacturing overhead: depreciation on plant, $13,000; plant insurance (previously paid), $1,800; plant property tax, $3,500 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 180% of direct labor costs. Done Credit X Clear all CI
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