Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

stion 28 10 wered 15 16 17 Ked out of 22 23 24 Flag question Journalize the following transactions which are occurred in Dell company

image text in transcribed
stion 28 10 wered 15 16 17 Ked out of 22 23 24 Flag question Journalize the following transactions which are occurred in Dell company during 2019; 1- Purchase raw material $ 176,000 on cash and $ 225,000 on account. 2- the work in process department ask half of the raw material inventory for production. 3- Another material cost $ 100,000 were requisitioned for production, of that 34,000 direct material 4- The rest material is indirect, requested for the production 5- There are other overhead costs paid cash, including; $ 3,300 rent expense, $ 2,350 utility, 4,400 depreciation, clips $ 900. 6- The company paid the wages for the labors after labor time records show that direct labor is $ 7,500 and 6,300 indirect labor. 7- The rest of the material if any, was moved to the work in process inventory. 29 30 31 Finish attempt Time left 1:00 US X B I x 7

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding And Auditing IT Systems Volume 1

Authors: Young-Woon Min

2nd Edition

978-1257124084

More Books

Students also viewed these Accounting questions