The following information pertains to Tuner Company 11. Turner Company completed
ID: 2403857 • Letter: T
Question
The following information pertains to Tuner Company 11. Turner Company completed jobs that cost $21,000 to manufacture. Record the journal entry 12. Turner Company sold jobs to customers on account for $49,000 that cost $20,000 to manufacture. Record the journal entries 11. Turner Company completed jobs that cost $21,000 to manufacture. Record the journal entry. (Record debits first, then credits. Exclude explanations fr any journal entries.) Debit Credit Date Accounts Choose from any list or enter any number in the input fields and then continue to the next question.Explanation / Answer
Journal entry :
No Account and explanation debit credit 11 Finished goods 21000 Work in process 21000 (To record cost of manufacture) 12 Account receivable 49000 Sales revenue 49000 (To record sales) Cost of goods sold 20000 Finished goods 20000 (To record cost of goods sold)Related Questions
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