Question
Reliance Manufacturing Company completed jobs that cost $51,000 to produce. In the same period, the company sold jobs for $ 128 ,000 that cost $49,000
Reliance Manufacturing Company completed jobs that cost $51,000 to produce. In the same period, the company sold jobs for $ 128 ,000 that cost $49,000 to produce. Prepare the journal entries for the completion and sales of the jobs. All sales are on account. Assume the perpetual inventory system is used.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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