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June production generated the following activity in Ritik Chassis Company's Work - in - Process Inventory account: View the activity. Additionally, Ritik Chassis Company has

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June production generated the following activity in Ritik Chassis Company's Work-in-Process Inventory account:
View the activity.
Additionally, Ritik Chassis Company has completed Jobs 142 and 143, with total costs of $38,000 and $36,000, respectively.
Read the requirements.
Requirements
Prepare the journal entry for production completed in June.
Open a T-account for Work-in-Process Inventory. Post the journal entry made
in Requirement 1. Compute the ending balance in the Work-in-Process
Inventory account on June 30.
Prepare the journal entry to record the sale on account of Job 143 for
$46,000. Also, prepare the journal entry to record Cost of Goods Sold for Job
What is the gross profit on Job 143?
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