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ipn [44]
3 years ago
9

Matching Question Match the following activities to their effect on the general ledger accounts. Allocate indirect labor Allocat

e indirect labor drop zone empty. Pay factory property tax Pay factory property tax drop zone empty. Purchase materials Purchase materials drop zone empty. Use direct materials Use direct materials drop zone empty. Complete job Complete job drop zone empty. Sold job Sold job drop zone empty. Credit Finished Goods Inventory Debit Raw Materials Inventory Debit Factory Overhead Credit Factory Wages Payable Debit Finished Goods Inventory Credit Raw Materials Inventory
Business
1 answer:
Zepler [3.9K]3 years ago
5 0

Answer:

Activities                         General Ledger accounts

Allocate indirect labor         <em>Credit Factory wages payable</em>

Pay factory property tax      <em>Debit Factory Overheads</em>

Purchase materials              <em>Debit Raw material inventory</em>

Use direct materials            <em>Credit Raw material inventory</em>

Complete job                       <em>Debit Raw material inventory</em>

Deliver job                            <em>Credit Raw material inventory</em>

<em></em>

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