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Summarized transactions for 2012 are as follows: 1. Prepare summary journal entries for 2012 transactions. Omit explanations. 2. Show the T-accounts for all inventories, Cost
Summarized transactions for 2012 are as follows: 1. Prepare summary journal entries for 2012 transactions. Omit explanations. 2. Show the T-accounts for all inventories, Cost of Goods Sold, and Factory Department Overhead Control. Compute the ending balances of the inventories. Do not adjust for underapplied or overapplied factory overhead
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