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Rich Manufacturing Corporation had the following transactions for its job order costing operation. Jan. 1 Purchased materials on account, $22,000. 15 Issued direct materials to
Rich Manufacturing Corporation had the following transactions for its job order costing operation.
Jan. 1 | Purchased materials on account, $22,000. |
15 | Issued direct materials to Job No. 1, $18,000. |
20 | Issued indirect materials (factory overhead), $3,000. |
31 | Incurred direct labor, Job No. 1, $11,000. |
31 | Incurred indirect labor (factory overhead), $4,000. |
31 | Incurred other indirect costs (factory overhead; credit Accounts Payable), $1,500. |
Required:
Prepare general journal entries to record these transactions. |
Prepare general journal entries to record these transactions.
General Journal Instructions
PAGE 1
GENERAL JOURNAL
DATE | ACCOUNT TITLE | POST. REF. | DEBIT | CREDIT | |
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1 |
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2 |
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10 |
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11 |
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12 |
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