The following T-accounts for the Fitzpatrick Company represent April activity. Required: Compute the missing amounts Indicated...
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The following T-accounts for the Fitzpatrick Company represent April activity. Required: Compute the missing amounts Indicated by the letters (a) through (1) Materials Inventory Work-in-Process Inventory Finished Goods Inventory Debit Credit Debit Credit Debit Credit Beginning Balance (4/1) 16,500 Beginning Balance (4/1) 20,600 Beginning Balance (4/1) 15,300 (a) 5,300 (b) 161,500- 109,200 86,700 (e) (e) (f) Ending Balance (4/30) Ending 17,900 Balance 20,900 (4/30) Cost of Goods Sold Applied Overhead Control Debit 346,600 Credit Debit Ending Balance (4/30) Credit (d) (g) Manufacturing Overhead Control Debit Credit Accumulated Depreciation-Plant and 115,600 5,300 32,100 17,300 3,900 Wages Payable Equipment Debit Credit Debit Credit Beginning 107,300 Balance Beginning 182,800 Balance (4/1) (4/1) Accounts Payable-Material Suppliers 148,500 (c) (h) Debit 32,100 Credit 91,800 98,500 Ending Balance 200,100 Ending Balance (4/30) (4/30) Prepaid Expenses Debit Credit Beginning Balance 21,900 (4/1) Ending Balance (4/30) 18,000 (i) The following T-accounts for the Fitzpatrick Company represent April activity. Required: Compute the missing amounts Indicated by the letters (a) through (1) Materials Inventory Work-in-Process Inventory Finished Goods Inventory Debit Credit Debit Credit Debit Credit Beginning Balance (4/1) 16,500 Beginning Balance (4/1) 20,600 Beginning Balance (4/1) 15,300 (a) 5,300 (b) 161,500- 109,200 86,700 (e) (e) (f) Ending Balance (4/30) Ending 17,900 Balance 20,900 (4/30) Cost of Goods Sold Applied Overhead Control Debit 346,600 Credit Debit Ending Balance (4/30) Credit (d) (g) Manufacturing Overhead Control Debit Credit Accumulated Depreciation-Plant and 115,600 5,300 32,100 17,300 3,900 Wages Payable Equipment Debit Credit Debit Credit Beginning 107,300 Balance Beginning 182,800 Balance (4/1) (4/1) Accounts Payable-Material Suppliers 148,500 (c) (h) Debit 32,100 Credit 91,800 98,500 Ending Balance 200,100 Ending Balance (4/30) (4/30) Prepaid Expenses Debit Credit Beginning Balance 21,900 (4/1) Ending Balance (4/30) 18,000 (i)
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