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 title To record the cost of the job sold enter a debit amount enter a credit amount enter an account title To record the cost of the job sold enter a debit amount enter a credit amount (To record the cost of the job sold)
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 title To record the cost of the job sold enter a debit amount enter a credit amount enter an account title To record the cost of the job sold enter a debit amount enter a credit amount (To record the cost of the job sold)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
In March, Stinson Company completes Jobs 10 and 11.
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 title To record the cost of the job sold
|
enter a debit amount
|
enter a credit amount
|
|
|
enter an account title To record the cost of the job sold
|
enter a debit amount
|
enter a credit amount
|
|
|
(To record the cost of the job sold)
|
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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
(To record the completion of the two jobs)
31
(To record the sale Job 10)
31
(To record the cost of the job sold)
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List of Accounts
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