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2 years ago

6

For the office supplies account on the worksheet, the trial balance has a debit balance of $1,200 and a $900 debit balance on th

e adjusted trial balance. What was on the adjustment column for office supplies

1 answer:

oee [108]2 years ago

7 0

Answer: 300 Credit

Explanation:

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an activity that a company performs poorly in comparison to its competitors is an example of a competitive deficiency, or quizle

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Explanation:

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1 year ago

Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be _______ because not all of the

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1 year ago

A letter from Coulton Engineering Company dated September 12 is to be filed in the Coulton file. How should you arrange it in th

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3 years ago

Sheffield Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting record

Yakvenalex [24]

Answer:

Work-in-process - Assembly Department $64,160 (debit)

Work-in-process - Finishing Department $38,080 (debit)

Overhead $102,240 (credit)

Explanation:

Assembly Department Costs Assignments

J1 : Raw Materials

Work -in-process $27,100 (debit)

Raw Materials (credit)

J2 : Labor

Work -in-process $40,100 (debit)

Salaries and Wages Payable $40,100 (credit)

J3 : Overheads

Work-in-process $64,160 (debit)

Overhead $64,160 (credit)

Finishing Department Costs Assignments

J1 : Raw Materials

Work -in-process $23,200 (debit)

Raw Materials $23,200 (credit)

J2 : Labor

Work -in-process $23,800 (debit)

Salaries and Wages Payable $23,800 (credit)

J3 : Overheads

Work-in-process $38,080 (debit)

Overhead $38,080 (credit)

Summary of assignment of overhead

Work-in-process - Assembly Department $64,160 (debit)

Work-in-process - Finishing Department $38,080 (debit)

Overhead $102,240 (credit)

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3 years ago

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