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to) Question Help Proctor Company has a production process that involves three processes. Units move through the processes in this order. cutting. stamping, and then
to) Question Help Proctor Company has a production process that involves three processes. Units move through the processes in this order. cutting. stamping, and then polishing. The company had the following transactions in November: (Click the icon to view the transactions.) Prepare the journal entries for Proctor Company. (Record debits first, then credits. Exclude explanations from journal entries.) S 1. Cost of units completed in the Cutting Department, $14,000 Date Accounts Debit Nov. 30 Credit Choose from any list or enter any number in the input fields and then click Chnol 0 More Info 1. Cost of units completed in the Cutting Department, $14,000 2. Cost of units completed in the Stamping Department, $28,000 3. Cost of units completed in the Polishing Department, $36,000 4. Sales on account, $60,000 5. Cost of goods sold is 50% of sales Print Done
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