3.53 - 3.53 (60 min) Cost flows to jobs Payment received on...

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3.53 (60 min) Cost flows to jobs Payment received on account Cash…………………………………………………………………… …... 25,00 0 Accounts Receivable…………………………………………………. 25,00 0 Inventory purchase Material and Equipment inventory……………………………………. 18,70 0 Accounts Payable……………………………………………………. . 18,70 0 Billing Accounts Receivable………………………………………………… …. 180,0 00 Sales Revenue…………………………………………………… ……. 180,0 00 Cash…………………………………………………………………… ….. 90,00 0 Accounts receivable…………………………………………………. 90,00 0 Indirect labor Overhead: indirect Labor……………………………. 1,300 Wages payable……………………………………………………… 1,300 Indirect material issued
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This note was uploaded on 11/25/2010 for the course ACCT 33010 taught by Professor Staff during the Spring '08 term at Kent State.

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3.53 - 3.53 (60 min) Cost flows to jobs Payment received on...

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