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Preston 8 Grover Soap Company manufactures powdered deterpent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output
Preston 8 Grover Soap Company manufactures powdered deterpent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Making is transferred to the Packing Department, where packaging is added at the beginning of the process. On July 1, Preston 8 Grover Soap Company had the following inventories: Departmental accounts are maintained for factory overhead, which both have zero balances on fuly 1. Manufacturing operations foe July are summarized as follows: 1. Journalize the entries to record the operations, identifying each entry by letter. If an amount box does not regulre an entry, leave it biank, 2. Compute the July 31 balances of the inventory accounts
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