PREN TER VERSION BACK Brief Exercise 152 In January, Harlan, Inc. production sup

Question

PREN TER VERSION BACK Brief Exercise 152 In January, Harlan, Inc. production supervisor requisitioned raw materials for production as follows: 3ob 1 $700, Job 2 $900, Job 3 $400, and general factory use, $520 Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Oren Show Work Question Attempts: 0 of 3 used SUBMIT ANS 5AV.OR LAIER

Explanation / Answer

Below will be the Journal Entry

Please Note if you have only three lines, then you can pass below summary entry

Dear Student,

Best effort has been made to give quality and correct answer. But if you find any issues please comment your concern. I will definitely resolve your query.

Account Description Debit Credit WIP - Job 1 $   700.00 WIP - Job 2 $   900.00 WIP - Job 3 $   400.00 Factory Overhead $   520.00 Raw Material $ 2,520.00 (To record issue of Material to production)

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