Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lincoln company completed the cost $30,000 to prod

Lincoln Company completed the cost $30,000 to produce in the same period, the company sold...

50.1K

Verified Solution

Question

Accounting

image
Lincoln Company completed the cost $30,000 to produce in the same period, the company sold job for $80,000 the cost $2.500 produce. Prepare the journal entries for the completion and sales of the job. Also (Record debits first, the credits Exclude explanations from y jumal entries.) Prepare the journal entry to record the completion of pbs. Date Accounts Debit Crede Prepare the journal entry to record the sale of jobs. (De not include the cost of the sale in this journal entry, it will be prepared in the next step.) Accounts Debit Credit Prepare the journal entry for the cost to produce the jobs that were sold Accounts Det Credit Choose from any stor enter any number in the input fields and then continue to the next question MacBook Air esc 888 FF 5 * # 3 $ 4 % 5 & 7 8 6 2 9 W E R T Y U

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

Finance
1.2K views

Dahlia Colby, CFO of Charming Florist Ltd., has created the firm’s pro forma balance sheet for...

Physics
1.2K views

Consider an epidemic disease in a country; The daily emergence of the disease is given in...

Psychology
1.2K views

1. The authors claim that random assignment is “the key to eliminating all possible confounds in...

Psychology
1.2K views

Explain how you will develop rapport, exhibit empathy, model and demonstrate trust, model authenticity, and show...

Basic Math
1.2K views

Out of 5000 policies for cell phones, a company received 585 claims. The average amount...

Statistics
1.2K views

Use the expression in the accompanying discussion of sample size to find the size of...

Algebra
1.2K views

Select the correct answer.Which function is continuous across its domain?A. ...

Algebra
1.2K views

Consider the following vectors given in polar form 3 3 70 Write the polar form...

Accounting
1.2K views

The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31,20Y8 and 20Y7, is...

Accounting
1.2K views

Explain, with an example, the sharing of profits and losses in a limited partnership.

Accounting
1.2K views

7. Complete each part of the problem. (a) Find the cost function if marginal cost,...

Finance
1.2K views

27) Loki, Inc. and Thor, Inc. entered a stock-swap merger agreement whereby Loki will pay...