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These six documents must be processed to bring the accounting records up to date. Debit Credit $ 74, eee Cash Accounts receivable 43 , eee
These six documents must be processed to bring the accounting records up to date.
Debit Credit $ 74, eee Cash Accounts receivable 43 , eee Raw materials inventory 26, see Work in process inventory e Finished goods inventory 12, eee Prepaid rent 4, eee $ le, 7ee Accounts payable Notes payable 13, 7ee Common stock 4e, eee Retained earnings (prior year) 93, eee 182, lee Cost of goods sold 117, eee Factory overhead 25, eee General and administrative expenses 38, eee Totals $ 339,see $ 339, see These six documents must be processed to bring the accounting records up to date. Materials requisition le: Materials requisition 11: Materials requisition 12: Labor time ticket 52: Labor time ticket 53: Labor time ticket 54: $ 13, 2ee 4ee see eee eee eee direct materials to direct materials to indirect materials direct labor to Job direct labor to Job indirect labor Job 4e2 Job 4e2
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