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SAMPSON COMPANY General Ledger Accounts Raw Materials Inventory Manufacturing Overhead 1/1 Balance 10,000 Work in...

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Accounting

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SAMPSON COMPANY General Ledger Accounts Raw Materials Inventory Manufacturing Overhead 1/1 Balance 10,000 Work in Process Inventory (WIP) Finished Goods Inventory 1/1 Balance 15,000 1/1 Balance 30,000 Individual Job Cost Sheets (subsidiary ledgers to WIP) Cost of Goods Sold Job 102 15,000 Job 103 Beg. Balance + Direct Materials +Direct Labor + Applied OH Total Mfg. Cost Sales Revenue Selling, General, and Administrative Expenses Cash and Other Assets Payables and Otker Liablities 1/1 Balance 100,000 85,000 1/1 Balance Stockholders' Equity 70.000 1/1 Balance SAMPSON COMPANY General Ledger Accounts Raw Materials Inventory Manufacturing Overhead 1/1 Balance 10,000 Work in Process Inventory (WIP) Finished Goods Inventory 1/1 Balance 15,000 1/1 Balance 30,000 Individual Job Cost Sheets (subsidiary ledgers to WIP) Cost of Goods Sold Job 102 15,000 Job 103 Beg. Balance + Direct Materials +Direct Labor + Applied OH Total Mfg. Cost Sales Revenue Selling, General, and Administrative Expenses Cash and Other Assets Payables and Otker Liablities 1/1 Balance 100,000 85,000 1/1 Balance Stockholders' Equity 70.000 1/1 Balance

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