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Dazzle. Inc. produces beads for jewelry making use. The following information su

ID: 2470831 • Letter: D

Question

Dazzle. Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The Journal entry to record June production activities for direct labor usage is: Debit Factory Payroll Payable $165,000: credit Cash 5165.000 Debit Work in Process Inventory $165,000; credit Factory Payroll Payable $165,000 Debit Cost of Goods Sold $165,000; credit Factory Payroll Payable $165,000. Debit Work in Process Inventory $165,000; credit Raw Materials Inventory $165,000. Debit Work in Process Inventory $165,000; credit Cash $165,000.

Explanation / Answer

debit factory payroll payable a/c dr $ 165,000

to cash a/c $ 165,000

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