In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $20,000 and Job 11 $30,000.

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In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $20,000 and Job 11 $30,000. On March 31, Job 10 is sold to the customer for $35,000 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Mar 02, 2012 12:27 AM

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In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $20,000 and Job 11 $30,000.

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Accounting Principles

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