Question: follow format and all 5 steps Data table rd debits first, then following activity in Cruiser Chassis Company's Work-in-Process Inventory account: activity.) oleted Jobs 142


Data table rd debits first, then following activity in Cruiser Chassis Company's Work-in-Process Inventory account: activity.) oleted Jobs 142 and 143 , with total costs of $41,000 and $38,000, respectively. Requirements 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30. 3. Prepare the joumal entry to record the sale on account of Job 143 for $53,000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143 4. What is the gross profit on Job 143 ? June production gonerated the following activity in Cruiser Chassis Company's Work-in-Process Inventory account Ell (Click the icon to viow the activity) Adationaty, Cruiser has comploted Jobs 142 and 143 , with total costs of $41,000 and $38,000, respectively Read the tequirements
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