Journalize the entries for the completion of the two jobs and the sale of Job 112.


Question Description:

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Journalize the entries for the completion of the two jobs and the sale of Job 112. 1 answer below ยป During the current month, KRC Corporation completed Job 109 and Job 112. Job 109 cost $19,000 and Job 112 costs $27,000. Job 112 was sold on account for $42,000. Journalize the entries for the completion of the two jobs and the sale of Job 112. Finished Goods Inventory 46,000 Work in Process Inventory 46,000 Accounts Receivable 42,000 Sales 42,000 Cost of Goods Sold 27,000 Finished Goods Inventory 27,000 Jul 08 2014 12:39 PM

Answer

20