Answer:
Processing departments
Explanation:
All the cost of material and labor are directly charged to the processing departments which later on transfer from department to department and eventually become the part of finished goods. Material costs are assigned to work in process of the first processing department all the costs associated with this department are added and then it transferred to the next departments for further cost allocation.
Solution:
The journal entries for Geraths in 2020
July 1st Cr Dr
No entry No entry
September 1st Cr Dr
Cash 2000
Accounts receivable 400
Cost of goods sold 1100
Inventory 1100
Unearned service revenue 554
Sales Revenue 1846
October 15th Cr Dr
Cash 400
Unearned service revenue 554
Service revenue 554
Accounts receivable 400
<span>Tables, queries, and forms are examples of access objects.
</span>When you use these objects in Access, it will help maintain your database usable and it is also known as database software program. It can be used to arrange records in a spread of ways, can allow hyperlinks among lists of facts, and simultaneously it can be used by multiple users for enter and update information.
Answer:
Explanation:
The journal entry for recording the cost of merchandise sold is shown below:
Cost of goods sold A/c Dr $213
To Merchandise Inventory A/c $213
(Being cost of merchandise inventory is recorded)
In this question, we record the cost, not the sale value. That's why we consider $213, not $440 amount