During January, its first month of operations, Crane Company accumulated the following manufacturing costs: raw...
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Accounting
During January, its first month of operations, Crane Company accumulated the following manufacturing costs: raw materials purchased $5,000 on account, factory labor incurred $7,600, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost, (List all debit entries before credit entries. Credit occount titles are automotically indented when amount is entered. Do not indent manually.)
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