12. Rizzo Company has three departments: Mixing, Bottling, and Packaging. At the end of the month,...
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12. Rizzo Company has three departments: Mixing, Bottling, and Packaging. At the end of the month, the production cost reports for the departments show the costs of the products completed and transferred were $79,000 from Mixing Bottling, $50,000 from Bottling to Packaging, and $69,000 from Packaging to Finished Goods Inventory. Prepare the journal entries for the transfer of the costs. (Record debits first, then credits. Exclude explanations from any journal entries.) Prepare the journal entry for the transfer of the costs from Mixing to Bottling. Date Accounts Debit Credit Prepare the journal entry for the transfer of the costs from Bottling to Packaging. Date Accounts Debit Credit Prepare the journal entry for the transfer of the costs from Packaging to Finished Goods Inventory. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 12. Rizzo Company has three departments: Mixing, Bottling, and Packaging. At the end of the month, the production cost reports for the departments show the costs of the products completed and transferred were $79,000 from Mixing Bottling, $50,000 from Bottling to Packaging, and $69,000 from Packaging to Finished Goods Inventory. Prepare the journal entries for the transfer of the costs. (Record debits first, then credits. Exclude explanations from any journal entries.) Prepare the journal entry for the transfer of the costs from Mixing to Bottling. Date Accounts Debit Credit Prepare the journal entry for the transfer of the costs from Bottling to Packaging. Date Accounts Debit Credit Prepare the journal entry for the transfer of the costs from Packaging to Finished Goods Inventory. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question.
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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