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Using the following Options from the dropdown, need to fill in the journal entery Journal Entries for Job 4971 The Materials inventory was debited for
Using the following Options from the dropdown, need to fill in the journal entery
Journal Entries for Job 4971 The Materials inventory was debited for the cost of the materials at time of purchase, so this has already been done. You will need to complete the other journal entries for Job 4971. Select the appropriate accounts from the drop down lists, then calculate the appropriate debit and credit amounts (use an Excel formula, do not just type the values in). Account Debit Credit Issue of direct materials to production Direct labour incurred Overhead applied to production Cost of finished production transferred to Finished Goods store Cost of finished product sold September Sales . | 1 Journal Entries for Job 4971 2 The Materials inventory was debited for the cost of the materials at time of purchase, so this has already been done. You will need to complete the other journal entries for Job 4971. Select the appropriate accounts from the drop down lists, then calculate the appropriate debit and credit amounts (use an Excel formula, do not just type the values in). 5 Account Debit Credit Issue of direct materials to production 1o Accounts Payable 11 Accounts Receivable Manufacturing Overhead Cost of Goods Sold Finished Goods Inventory Materials Inventory Sales Wages Payable Work in Process Inventory ed Goods store September SalesStep by Step Solution
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