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Category > Management Posted 19 Dec 2017 My Price 10.00

Company requisitions raw materials for production

In January, Knox Company requisitions raw materials for production as follows: Job 1 $931, Job 2 $1,700, Job 3 $762, and general factory use $628.

Prepare a summary journal entry to record raw materials used.

 

Utilize Template provided in attached document.

List Of Accounts 
Accounts Payable
Accounts Receivable
Accumulated Depreciation-Buildings
Accumulated Depreciation-Equipment
Cash
Cost of Completed Service Contracts
Cost of Goods Sold
Depreciation Expense
Employer Fringe Benefits Payable
Employer Payroll Taxes Payable
Factory Labor
Factory Wages Payable
Finished Goods Inventory
Manufacturing Overhead
Operating Overhead
Prepaid Property Taxes
Raw Materials Inventory
Salaries and Wages Expense
Salaries and Wages Payable
Sales
Service Contracts in Process
Supplies
Utilities Payable
Work in Process Inventory

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CourseLover
(12)
Status NEW Posted 19 Dec 2017 02:12 PM My Price 10.00

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