Reliance Manufacturing Company completed jobs that cost $51,000 to produce. In the same period, the company sold
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Reliance Manufacturing Company completed jobs that cost $51,000 to produce. In the same period, the company sold jobs for $ 128 ,000 that cost $49,000 to produce. Prepare the journal entries for the completion and sales of the jobs. All sales are on account. Assume the perpetual inventory system is used.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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