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Question 3 --/1 View Policies Current Attempt in Progress In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $21,700 and Job 11
Question 3 --/1 View Policies Current Attempt in Progress In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $21,700 and Job 11 $31,800. On March 31, Job 10 is sold to the customer for $44,500 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 Finished Goods Inventory Work in Process Inventory (To record the completion of the two jobs) Cash Sales Revenue (To record the sale lob 10). (To record the completion of the two jobs) 31 Cash Sales Revenue (To record the sale Job 10) 31 Cost of Goods Sold Finished Goods Inventory (To record the cost of the job sold) eTextbook and Media List of Accounts
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