Question
Question 1. Unit: $ Transaction 1: Buying main raw materials and delivering them directly to the factory to serve the production of products, the purchase
Question 1. Unit: $ Transaction 1: Buying main raw materials and delivering them directly to the factory to serve the production of products, the purchase price is 2,000 (excluding 10% VAT), the company has not yet paid the seller. Dr. 621: 2,000 Dr 1331: 200 Cr 331: 2,200 yen Trans 2: Buy auxiliary materials and deliver directly to the factory to serve the production of products, purchase price: 200 (excluding 10% VAT). The company immediately paid the seller by bank deposit Dr 621: 200 Dr 1331: 20 Cr 112: 220 Trans 3: The salary to be paid for the production department is 500, the workshop management is 50. Dr 622: 500 Dr. 627: 50 Cr 334: 550 Trans 4: The cost of electricity and water incurred at the enterprise is: 100 (excluding 10% VAT). The company paid immediately in cash Dr. 627: 100 Dr 1331: 10 Cr 111: 110 Trans 5:. Depreciation of machinery and equipment used for production is 50 Dr. 627: 50 Cr 214: 50 Trans 6: During the period, 1,000 cups were completed and were produced and sold straight out of stock, with no ending inventory. Selling price per cup is 7$/cup (excluding 10% VAT). Customer accepts payment Dr. 154: 2,900 Cr 621: 2,000 + 200 = 2,200 Cr 622: 500 Cr 627: 50+ 100 + 50 = 200 Required: Prepare Journal entry.
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