At December 31, balances in Manufacturing Overhead are Shimeca Company--debit $1,850. Garcia Company-credit $1,043.
Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold.
Date | Account Titles and Explanation | Debit | Credit |
Shimeca company | |||
Dec 31 | cost of goods sold | $1850 | |
Manufacturing overhead | $1850 | ||
Garcia company | |||
Dec 31 | cost of goods sold | $1043 | |
Manufacturing overhead | $1043 |
Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold.
At December 31, balances in Manufacturing Overhead are Shimeca Company-debit $2,070, Garcia Company-credit $919. Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
please help fill in blue blanks At December 31, balanus in Manufacturing overhead are Shin company - debit $2,50 Grau company - credit & 997 te prepare the adjusting entry for each company at Dec. 31 assuming the adjustment is made to cost of goods sold - Fill in blue banks- Date Account Titles Debit and Explanation Shin company Dec. 31 credit Grace company Dec. 31 Jl 11
**Must Be Able to Answer Each Question** A) In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $27,700 and Job 11 $32,700. On March 31, Job 10 is sold to the customer for $44,900 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. ********************************************************************************************************** B) At December 31, balances in Manufacturing Overhead are Shimeca Company—debit $2,100, Garcia Company—credit $1,067. Prepare the adjusting entry for each company at December...
At December 31, 2021, Blossom Company made an accrued expense adjusting entry of $1,850 for salaries. On January 4, 2022, it paid salaries of $3,180: $1,850 for December salaries and $1,330 for January salaries. At December 31, 2021, Blossom Company made an accrued expense adjusting entry of $1,850 for salaries. On January 4, 2022, it paid salaries of $3,180: $1,850 for December salaries and $1,330 for January salaries.
Weygandt, Financial and Managerial, 3e Assignment Gradebook ORION INTRODUCTION TO ACCOUNTING (ACCT 2001/2 Downloadable eTextbook nt CALCULATOR FULL SCREEN BACK Brief Exercise 15-10 At December 31, balances in Manufacturing Overhead are Waterway Company-debit $1,490, Crane Company-credit $1,020 Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold. (Credit account titles are automatically indented when amount i entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Waterway Company...
pel Progress At December 31, 2021, Sheridan Company made an accrued expense adjusting entry of $1,870 for salaries. On January 4 2022, it paid salaries of $3,140: $1,870 for December salaries and $1,270 for January salaries. port Your answer is correct. Prepare the December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account...
An adjusting entry was made on year-end December 31 to accrue salary expense of $1.200. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $3,000 payment of salaries in January of the following year?
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Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly Credit Debit $4,800 5,760 40,000 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense $13,440 32,000 19,840 96,000 0 22,400 An analysis of the accounts shows the following 1. 2. 3 The equipment depreciates $448 per month. Half of the unearned rent revenue was earned during the quarter. Interest of $640 is accrued on the notes...