In March, Sandhill Company completes Jobs 10 and 11. Job 10 cost $24,000 and Job 11 $36,000. On March 31, Job 10 is sold to the customer for $42,000 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 Debit Credit 31 (To record the completion of the two jobs) 31 (To record the sale Job 10)
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- In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $ 20,000 and Job 11 $ 30,000. On March 31, Job 10 is sold to the customer for $ 35,000 in cash.Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 enter an account title to record the completion of the two jobs on March 31 enter a debit amount enter a credit amount enter an account title to record the completion of the two jobs on March 31 enter a debit amount enter a credit amount (To record the completion of the two jobs) 31 enter an account title To record the sale Job 10 enter a debit amount enter a credit amount enter an account title To record the sale Job 10 enter a debit amount enter a credit amount (To record the sale Job 10) 31 enter an account…In March, Crane Company completes Jobs 10 and 11. Job 10 cost $21,000 and Job 11 $31,000. On March 31, Job 10 is sold to the customer for $35,000 in cash.Journalize the entries for the completion of the two jobs and the sale of Job 10.During the current month, Standard Corporation completed Job 310 and Job 312. Job 310 cost $ 70,000 and Job 312 cost $ 50,000. Job 312 was sold on account for $ 90,000.Journalize the entries for the completion of the two jobs and the sale of Job 312. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (To record completion of Jobs 310 and 312) (b) (To record sale of Job 312) (c) (To record cost of goods sold for Job 312)
- In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $27,000 and Job 11 $34,000. On March 31, Job 10 is sold to the customer for $43,300 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 31 31 (To record the completion of the two jobs) (To record the sale Job 10) (To record the cost of the job sold) Debit CreditIn January, Wildhorse Tool & Die requisitions raw materials for production as follows: Job 1 $910, Job 2 $1,500, Job 3 $810, and general factory use $710. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit CreditIn January, Crane Company requisitions raw materials for production as follows: Job 1 $1,180, Job 2 $1,420, Job 3 $790, and general factory use $710. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit Credit
- In January, Sandhill Company requisitions raw materials for production as follows: Job 1 $1,120, Job 2 $1,360, Job 3 $760, and general factory use $680. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit CreditIn January, Cullumber Company requisitions raw materials for production as follows: Job 1 $1,200, Job 2 $1,440, Job 3 $800, and general factory use $720. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit CreditCurrent Attempt in Progress During January, time tickets show that the factory labor of $5,040 was used as follows: Job 1 $1,840, Job 2 $1,340, Job 3 $1,180, and general factory use $680. Prepare a summary journal entry to record factory labor used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Jan. 31 Account Titles and Explanation Work in progress inventory Manufacturing Overhead Factory Labor Debit Credit
- In January, Carla Vista Company requisitions raw materials for production as follows: Job 1 $1,100, Job 2 $1,340, Job 3 $750, and general factory use $670. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit CreditIn January, Pharoah Company requisitions raw materials for production as follows: Job 1$1,040, Job 2$1,280, Job 3720, and general factory use $640. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31Blossom Company purchases $62,000 of raw materials on account, and it incurs $74,400 of factory labor costs. Journalize the two transactions on March 31, assuming the labor costs are not paid until April. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 31 (To record raw materials purchased) (To record factory labor costs) Debit Credit