In March, Wildhorse Company completes Jobs 10 and 11. Job 10 cost $ 24,400 and...

90.2K

Verified Solution

Question

Accounting

image

In March, Wildhorse Company completes Jobs 10 and 11. Job 10 cost $ 24,400 and Job 11 $ 36,600. On March 31, Job 10 is sold to the customer for $ 42,700 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 (To record the completion of the two jobs) 31 (To record the sale Job 10) 31 (To record the cost of the job sold)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students