Cash Accounts Receivable Raw Materials Inventory Bal. 14,000 Bal. 160,000 Bal. 6,000
Cash Accounts Receivable Raw Materials Inventory Bal. 14,000 Bal. 160,000 Bal. 6,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 7. Part 4. Please fill in the blanks in the same format as the question
![Cash
Accounts Receivable
Raw Materials Inventory
Bal.
14,000
Bal.
160,000
Bal.
6,000
Work-in-Process Inventory
Finished Goods Inventory
Property, Plant, and Equipment
Bal.
40,000
Bal.
20,400
Bal.
220,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F603d35a3-3fd0-4545-9874-8f7a9ef67273%2Fbb088a79-591d-4560-b486-5a4c31dfed41%2Fgr5em8j_processed.png&w=3840&q=75)
Transcribed Image Text:Cash
Accounts Receivable
Raw Materials Inventory
Bal.
14,000
Bal.
160,000
Bal.
6,000
Work-in-Process Inventory
Finished Goods Inventory
Property, Plant, and Equipment
Bal.
40,000
Bal.
20,400
Bal.
220,000
![Date
Accounts
Debit
Credit
Cash
145,000
a.
Accounts Receivable
145,000
b.
Selling and Administrative Expenses
32,000
Cash
32,000
Accounts Payable
39,000
C.
Cash
39,000
d.
Raw Materials Inventory
28,200
Accounts Payable
28,200
Work-in-Process Inventory
Manufacturing Overhead
8,850
e.
1,200
Raw Materials Inventory
10,050
Work-in-Process Inventory
Manufacturing Overhead
f.
20,600
18,400
Wages Payable
39,000
Wages Payable
38,700
g.
Cash
38,700
h.
Manufacturing Overhead
2,500
Accumulated Depreciation
2,500
Work-in-Process Inventory
16,480
i.
Manufacturing Overhead
16,480
j.
Finished Goods Inventory
47,430
Work-in-Process Inventory
47,430
k.
Accounts Receivable
104,000
Sales Revenue
104,000
k.
Cost of Goods Sold
47,430
Finished Goods Inventory
47,430
L.
Cost of Goods Sold
5,620
Manufacturing Overhead
5,620](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F603d35a3-3fd0-4545-9874-8f7a9ef67273%2Fbb088a79-591d-4560-b486-5a4c31dfed41%2Fzzu8abb_processed.png&w=3840&q=75)
Transcribed Image Text:Date
Accounts
Debit
Credit
Cash
145,000
a.
Accounts Receivable
145,000
b.
Selling and Administrative Expenses
32,000
Cash
32,000
Accounts Payable
39,000
C.
Cash
39,000
d.
Raw Materials Inventory
28,200
Accounts Payable
28,200
Work-in-Process Inventory
Manufacturing Overhead
8,850
e.
1,200
Raw Materials Inventory
10,050
Work-in-Process Inventory
Manufacturing Overhead
f.
20,600
18,400
Wages Payable
39,000
Wages Payable
38,700
g.
Cash
38,700
h.
Manufacturing Overhead
2,500
Accumulated Depreciation
2,500
Work-in-Process Inventory
16,480
i.
Manufacturing Overhead
16,480
j.
Finished Goods Inventory
47,430
Work-in-Process Inventory
47,430
k.
Accounts Receivable
104,000
Sales Revenue
104,000
k.
Cost of Goods Sold
47,430
Finished Goods Inventory
47,430
L.
Cost of Goods Sold
5,620
Manufacturing Overhead
5,620
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