Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 3.00

KRC Corporation

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

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 11:07 AM My Price 3.00

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