Question: 2 accounting Kendrick Company has a production process that involves three processes. Unts move through the processes in this order cutting, stamping, and then polishing

2 accounting

2 accounting Kendrick Company has a production process that involves three processes.

Unts move through the processes in this order cutting, stamping, and then

Kendrick Company has a production process that involves three processes. Unts move through the processes in this order cutting, stamping, and then polishing The company had the following transactions in November (Click the icon to view the transactions) Prepare the joumal entries for Kendrick Company (Record dabila first, than credits. Exclude explanations from joumal entries 1 Cost of units completed in the Curing Department, $10,000 Accounts Date Nov 30 2. Cost of units completed in the Stamping Department, $23.000 Date Nov. 30 Accounts 3. Cost of units completed in the Polishing Department, $37,000 Date Nov. 30 Accounts Debit De Debit Credit Credit Credit More info 1 2 Cost of units compated in the Cutting Department. $19,000 Cost of units completed in the Stamping Department $23,000 3 Cost of units completed in the Polishing Department, $37,000 4. Sales on account, $40,000 Cost of goods sold 60% of Print Done 0157-26 Mext Kendrick Company has a production process that involves three processes Units move through the processes in this order cutting stamping, and that polishing. The company had the following transactions in November (Click the icon to view the transactions Prepare the journal entries for Kendrick Company. (Record debits first, then credits Exclude explanations from journals) 3. Cost of units completed in the Polishing Department, $37,000 Accounts Date Nov. 30 4. Sales, $40,000 (Do not record costs as this will be recorded in the next step) Accounts Date Nov 30 5. Cost of goods sold is 60% of sales Date Nov 30 Debit Accounts Debit Debit Credit Credit Credit -CED More info 1. Cost of units completed in the Cutting Department 110,000 2 Cost of usta completed in the Stamping Department. $23,000 3 Cost of unes completed in the Polishing Department 137.000 4Sales on account, $40.000 5 Cost of goods sold in 60% of Print Done Time Remaining: 01:16:54 Ne

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