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what is the correct matching 3. Match the following Journal entries with the transactions-number your paper 1 through 9 and place the correct alphabetical character
what is the correct matching
3. Match the following Journal entries with the transactions-number your paper 1 through 9 and place the correct alphabetical character as the answer next to the number. Transactions: 1. Requisitioned materials into production 2. Recorded the sale of a completed job 3. Removed a completed job that was sold from finished goods 4. Recorded a factory Insurance bill, a factory rent bill and a factory utilities bill. 5. Recorded purchasing materials 6. Recorded wages owed to employees that work to make the product PAGE 2 of 2 7. Paid for bills that we had previously recorded 8. Applied factory overhead 9. Completed a job Journal Entries A Debit Finished Goods Inventory Credit Work in Process B. Debit Work In Process Credit Raw Materials Inventory C. Debit Work in Process Credit Wages Payable D. Rebit Raw Material Inventory Credit Accounts Payable E Debit Factory Overhead Credit Accounts Payable F. Debit Accounts Payable Credit Cash G. Debit Work In Process Credit Factory Overhead H. Debit Accounts Receivable Credit Sales L Debit Cost of Goods Sold Credit Finished Goods Inventory Step by Step Solution
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