Sullivan Company had the following transactions in October: (Click the icon to view the transactions.)...
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Sullivan Company had the following transactions in October: (Click the icon to view the transactions.) Prepare the journal entries for Sullivan Company: (Record debits first, then credits. Exclude explanations from any journal 1. Purchased raw materials on account, $100,000 Date Accounts Debit Credit More info 1. Purchased raw materials on account, $100,000 Used materials in production: $24,000 in the Mixing Department; $8,000 in the Packaging 2. Department: $1,300 in indirect materials Incurred labor costs: $8,500 in the Mixing Department: $4,500 in the Packaging 3. Department; $2,300 in indirect labor Incurred manufacturing overhead costs: $4,000 in machinery depreciation; paid $2,600 for 4. rent and $1,730 for utilities Print Done Sullivan Company had the following transactions in October: (Click the icon to view the transactions.) Prepare the journal entries for Sullivan Company. (Record debits first, then credits. Exclude explanations from any journal er 1. Purchased raw materials on account, $100,000 Date Accounts Debit Credit Cash Accounts Payable Accumulated Depreciation Manufacturing Overhead Raw Materials Inventory Wages Payable Work-in-Process Inventory-Mixing Work-in-Process Inventory-Packaging
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