22. Raw Materials Inventory Journal Entries a. (1) Raw materials inventory Accounts payable (2) Work in...

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22. Raw Materials Inventory Journal Entries a. (1) Raw materials inventory Accounts payable (2) Work in process inventory Raw materials inventory (3) Manufacturing overhead Raw materials inventory b. No posting to a T-account is required. 55,000 Correct 55,000 Correct Correct Correct Correct Correct Calculate the ending balance of Raw materials inventory and enter the amount below. (Enter the dollar amount without any debit or credit notation.) Ending Raw materials inventory balance = Incorrect 23. Work in Process Inventory Journal Entries a. (1) Work in process inventory Raw materials inventory (2) Work in process inventory Wages payable (3) Work in process inventory Manufacturing overhead (4) Finished goods inventory Work in process inventory b. No posting to a T-account is required. Correct Correct Correct Correct Correct Correct Correct Correct Calculate the ending balance of Work in process inventory and enter the amount below. (Enter the dollar amount without any debit or credit notation.) Ending Work in process inventory balance = Incorrect 22. Raw Materials Inventory Journal Entries a. (1) Raw materials inventory Accounts payable (2) Work in process inventory Raw materials inventory (3) Manufacturing overhead Raw materials inventory b. No posting to a T-account is required. 55,000 Correct 55,000 Correct Correct Correct Correct Correct Calculate the ending balance of Raw materials inventory and enter the amount below. (Enter the dollar amount without any debit or credit notation.) Ending Raw materials inventory balance = Incorrect 23. Work in Process Inventory Journal Entries a. (1) Work in process inventory Raw materials inventory (2) Work in process inventory Wages payable (3) Work in process inventory Manufacturing overhead (4) Finished goods inventory Work in process inventory b. No posting to a T-account is required. Correct Correct Correct Correct Correct Correct Correct Correct Calculate the ending balance of Work in process inventory and enter the amount below. (Enter the dollar amount without any debit or credit notation.) Ending Work in process inventory balance = Incorrect

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