Scribd Logo
Upload

Welcome to Scribd!

  • Book 1

    Uploaded by

    hmsillustrio
    3 views2 pages
    The document contains journal entries recording costs and sales for Job 101 over multiple dates. Debits are made to Job 101 for direct material, direct labor, and factory overhead costs. A credit is made to Job 101 for the total sales amount. The entries track the accumulating costs of Job 101 and ultimately recognize the sales revenue upon completion.

    Original Description:

    cost acounting

    Original Title

    Book1

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document contains journal entries recording costs and sales for Job 101 over multiple dates. Debits are made to Job 101 for direct material, direct labor, and factory overhead costs. A credit is made to Job 101 for the total sales amount. The entries track the accumulating costs of Job 101 and ultimately recognize the sales revenue upon completion.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    3 views2 pages

    Book 1

    Uploaded by

    hmsillustrio
    The document contains journal entries recording costs and sales for Job 101 over multiple dates. Debits are made to Job 101 for direct material, direct labor, and factory overhead costs. A credit is made to Job 101 for the total sales amount. The entries track the accumulating costs of Job 101 and ultimately recognize the sales revenue upon completion.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Date

    12/5/2018

    12/7/2018

    1/1/2019

    1/25/2019
    Particulars Debit $ Credit $
    Job 101 Dr 4,350
    To Direct Material 3,000 4050
    To Direct Labor 900 2060
    To Factory Overhead 450 3090

    Job 101 Dr 3,525


    To Direct Material 1,500
    To Direct Labor 1,350
    To Factory Overhead 675

    Job 101 Dr 2,400


    To Direct Material 1500
    To Direct Labor 600
    To Factory Overhead 300

    Sales 16,440
    To Job 101 16,440

    You might also like