Question

Letters (a)–(g) represent several recent transactions that were posted to some of Johnson Company’s T-accounts.


Required:
Assign letters (a)–(g) to the following descriptions to indicate how the transactions would be recorded in the T-accounts. The purchase of raw materials is provided as an example, where the letter (a) represents a debit to Raw Materials Inventory.
Description ..................... Transaction
Applied manufacturing overhead
Recorded direct labor
Recorded the cost of jobs completed
Purchased raw materials ................. (a)
Recorded actual manufacturing overhead
Recorded the cost of jobs sold
Issued raw materials toproduction


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  • CreatedFebruary 27, 2015
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