Acct2 CH3 3-27 - Froya Frabrikker A/S Journal Entries a....

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Froya Frabrikker A/S Journal Entries a. Raw Materials Inventory 200,000.00 Accounts Payable 200,000.00 b. Work in Process 185,000.00 Raw Materials Inventory 185,000.00 c. Manufacturing Overhead 63,000.00 Utilities Expense 7,000.00 Accounts Payable 70,000.00 d. Work in Process 230,000.00 Manufacturing Overhead 90,000.00 Salaries Expense 110,000.00 Salaries and Wages Payable 430,000.00 e. Manufacturing Overhead 54,000.00 Accounts Payable 54,000.00 f. Advertising Expense 136,000.00 Accounts Payable 136,000.00 g. Manufacturing Overhead 76,000.00 Depreciation Expense 19,000.00 Accumulated Depreciation 95,000.00 h. Manufacturing Overhead 102,000.00 Rent Expense 18,000.00 Accounts Payable 120,000.00 i. Work in Process Inventory 390,000.00 Manufacturing Overhead 390,000.00 j. Finished Goods Inventory 770,000.00 Work in Process Inventory 770,000.00 k. Accounts Receivable 1,200,000.00 Sales 1,200,000.00 Cost of Goods Sold 800,000.00 Finished Goods Inventory 800,000.00
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Accounts Receivable Accounts Payable
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Acct2 CH3 3-27 - Froya Frabrikker A/S Journal Entries a....

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