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there are 4 total parts. thank you! Sullivan Company had the following transactions in October: (Click the icon to view the transactions.) Prepare the journal
there are 4 total parts. thank you!
Sullivan Company had the following transactions in October: (Click the icon to view the transactions.) Prepare the journal entries for Sullivan Company: (Record debits first, then credits. Exclude explanations from any journal entries 1. Purchased raw materials on account, $100,000 Date Accounts Debit Credit More info 1. Purchased raw materials on account, $100,000 Used materials in production: $24,000 in the Mixing Department; $8,000 in the Packaging 2. Department; $1,300 in indirect materials Incurred labor costs: $8,500 in the Mixing Department; $4,500 in the Packaging 3. Department; $2,300 in indirect labor Incurred manufacturing overhead costs: $4,000 in machinery depreciation; paid $2,600 for 4. rent and $1,730 for utilities Prepare the journal entries for Sullivan Company: (Record debits first, then credits. Exclude explanations from any journal entries.) 1. Purchased raw materials on account, $100,000 Date Accounts Debit Credit Cash Accounts Payable Accumulated Depreciation Manufacturing Overhead Raw Materials Inventory Wages Payable Work-in-Process Inventory-Mixing Work-in-Process Inventory--Packaging Step by Step Solution
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