Prepare journal entries showing the flow of costs through the two processing departments during April. Debit Credit
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Prepare journal entries showing the flow of costs through the two processing departments during April.
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Debit Credit Balance 4/1 Direct materials 8,000 335,000 264, 000 187,000 Transferred out 757,e00 Direct labor Overhead Work in Process-Molding Debit Credit Balance 4/1 Transferred in Direct labor 24,000 757,000 Transferred out 979,000 119,000 Overhead 90,000 Required: Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is require transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Work in process-Cooking 335,000 Raw materiais inventory 335,000 2 Work in process-Cooking 264,000 3 Work in process-Cooking 187,000 4 4. No Transaction Recorded < Prev 5 of 5 Next Debit Credit Balance 4/1 Direct materials 8,000 335,000 264, 000 187,000 Transferred out 757,e00 Direct labor Overhead Work in Process-Molding Debit Credit Balance 4/1 Transferred in Direct labor 24,000 757,000 Transferred out 979,000 119,000 Overhead 90,000 Required: Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is require transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Work in process-Cooking 335,000 Raw materiais inventory 335,000 2 Work in process-Cooking 264,000 3 Work in process-Cooking 187,000 4 4. No Transaction Recorded < Prev 5 of 5 Next
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Journal Entries General Journal Debit Credit 1 Work in processCooking 335000 Ra... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date:
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