During the current month, Cullumber Corporation completed Job 310 and Job 312. Job 310 cost $63,000...
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During the current month, Cullumber Corporation completed Job 310 and Job 312. Job 310 cost $63,000 and Job 312 cost $40,600. Job 312 was sold on account for $94,600. Journalize the entries for the completion of the two jobs and the sale of Job 312. (List Date Account Titles and Explanation Jan. 31 Jan. 31 Jan. 31 (To record the completion of the two jobs) Accounts Receivable (To record the sale of Job 312) Cost of Goods Sold (To record the cost of the job sold) Debit Credit During the current month, Cullumber Corporation completed Job 310 and Job 312. Job 310 cost $63,000 and Job 312 cost $40,600. Job 312 was sold on account for $94,600. Journalize the entries for the completion of the two jobs and the sale of Job 312. (List Date Account Titles and Explanation Jan. 31 Jan. 31 Jan. 31 (To record the completion of the two jobs) Accounts Receivable (To record the sale of Job 312) Cost of Goods Sold (To record the cost of the job sold) Debit Credit
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Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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