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Requirement 2. A T-account for Work-in-Process Inventory has been opened for you. Enter the beginning balance Beg. Bal. on the first line of the T-account.
Requirement 2. A T-account for Work-in-Process Inventory has been opened for you. Enter the beginning balance "Beg. Bal." on the first line of the T-account. Post the June activity, including the journal entry made in Requirement 1, using the appropriate descriptions as posting references. Compute the ending balance "Bal." in the Work-in-Process Inventory account on June 30. (Abbreviation used: MOH-manufacturing overhead.) Work-in-Process Inventory Beg. Bal Direct materials used Labor incurred MOH allocated to jobs Bal 552 5554 |Beg. Bal. Jobs 142 and 143 completed Bal
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