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June production generated the following activity in Pinto Chassis Companys Work-in-Process Inventory account. (Click the icon to view the activity.) Data Table pas completed Jobs 142 and 143 , with total costs of $40,000 and $36,000, respectively. Read the requirements. June production generated the following activity in Pinto Chassis Company's Work-in-Process Inventory acc (Click the icon to view the activity.) Additionally, Pinto has completed Jobs 142 and 143 , with total costs of $40,000 and $36,000, respectively. Read the requirements. Requirements 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30 . 3. Prepare the journal entry to record the sale on account of Job 143 for $49,000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143. 4. What is the gross profit on Job 143 ? June production generated the following activity in Pinto Chassis Company's Work-in-Process Inventory account: (Click the icon to view the activity.) Additionally, Pinto has completed Jobs 142 and 143 , with total costs of $40,000 and $36,000, respectively. Read the requirements. Requirement 1. Prepare the joumal entry for production completed in June. (Prepare a single journal entry for this event. Recorc debits first, then credits. Select the explanation on the last line of the joumal entry table.)

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