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Dutta Enterprises operates an Integral system of accounting. You are required to PASS the Journal Entries for the following transactions that took place for the year ended 30th June, 2020. (Narrations are not required.) Raw materials purchased (50% on Credit) 6,00,000 Materials issued to production 4,00,000 Wages paid (50% Direct) 2,00,000 Wages charged to production 1,00,000 Factory overheads incurred Factory overheads charged to production Selling and distribution overheads incurred Finished goods at cost Sales (50% Credit) Closing stock Receipts from debtors Payments to creditors 80,000 1,00,000 40,000 5,00,000 7,50,000 Nil 2,00,000 2,00,000

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Pass ???? Journal entries for Account Raw material …View the full answer

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