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Selected ledger accounts for Realm Company are given below for the just-completed year: Bal. 1/1 Debits Bal.31/12 Raw Materials 31,000 425,000 62,000 Credits Manufacturing
Selected ledger accounts for Realm Company are given below for the just-completed year: Bal. 1/1 Debits Bal.31/12 Raw Materials 31,000 425,000 62,000 Credits Manufacturing Overhead Debits 387,300 Credits ? Work in Process Bal. 1/1 71,500 Credits 817,500 Direct materials 322,000 Direct labour 112,000 Overhead Bal. 31/12 402,500 ? Factory Wages Payable
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