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Please do for years 2014 and 2015. Just the horizontal statement model Transactions for 2014 1. Acquired additional $1,100 of cash from common stock. 2.
Please do for years 2014 and 2015. Just the horizontal statement model Transactions for 2014 1. Acquired additional $1,100 of cash from common stock. 2. Purchased $1,250 of direct raw 3. Used $1,210 of direct raw materials to produce inventory 4. Paid $580 of direct labor wages to employees to make inventory 5. Applied $300 of manufacturing overhead cost to Work in Process Inventory 6. Finished work on inventory that cost $1,870 7. Sold goods that cost $1,520 for $2,850 8. Paid $420 for selling and administrative expenses, for the year. 9. Actual manufacturing overhead cost amounted to $330 Transactions for 2015 1, Paid a cash dividend of $700 2. Purchased $1,490 of direct raw materials inventory 3. Used $1.150 of direct raw materials produce make inventory 4. Paid $430 of direct labor wages employees to process. Applied $330 of overhead to workin 6. Finished work on inventory that $2,040 7. Sold goods that cost $2,240 for $3,520 8. Paid $660 for selling and administrative expenses 9. Annual manufacturing overhead costs were $240 for the year
Please do for years 2014 and 2015. Just the horizontal statement model
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