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General Journal tab - Prepare journal entries to record the transactions of Pelcher Company during the month of April.General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab.Trial Balance tab - General ledger software also automates the preparation of trial balances. A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits.

Job Costs tab - Calculate the total cost, and account classification for each job worked on during April.

Cost of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Pelcher Company during the month of April.

Gross Profit tab - Calculate the gross profit on the sale of job(s) during April.

GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Pelcher Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $90,000. b. Raw materials purchases in April are $504,000, and total factory payroll cost in April is $385,000. c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $25,000; factory rent, $34,000; factory utilities, $21,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. Journal entry worksheet j. Record the revenue from the sale of Job 306 received in cash. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet k. Record the close underapplied or overapplied overhead to the Cost of Goods Sold account. Note: Enter debits before credits. Journal entry worksheet h. Record the transfer of Jobs 306 and 307 to Finished Goods Inventory. Note: Enter debits before credits. Additional Information a. Raw Materials Inventory has a March 31 balance of $90,000. b. Raw materials purchases in April are $504,000, and total factory payroll cost in April is $385,000. c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $25,000; factory rent utilities, $21,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for Pelcher Company for the month of April

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