Job 113 was completed at a cost of $7,500, and Job 85 was completed at a cost
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Job 113 was completed at a cost of $7,500, and Job 85 was completed at a cost of $2,300 and sold on account for $4,500. Prepare journal entries for the following:
A. Completion of Job 113.
B. Completion and sale of Job 85.
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Here are the journal entries for the completion of Job 113 and the completion and sale of Job 85 Dat...View the full answer
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Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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