Question 7. Part 6. Please fill in the blanks in the same format as the question

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 7. Part 6. Please fill in the blanks in the same format as the question

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
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
Cost of Goods Sold
Manufacturing Overhead
Selling and Admin. Expenses
Transcribed Image Text:Cost of Goods Sold Manufacturing Overhead Selling and Admin. Expenses
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