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eBook Show Me How Calculator CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110

ID: 2554946 • Letter: E

Question



eBook Show Me How Calculator CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 132 Work in Process 133 Factory Overhead 134 Finished Goods 141 Supplies 142 Prepaid Insurance 143 Prepaid Expenses 181 Land 191 Factory 192 Accumulated Depreciation-Factory 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Selling Expenses 532 Insurance Expense 533 Utilities Expense 534 Office Supplies Expense 540 Administrative Expenses 569 Depreciation Expense-Factory 590 Miscellaneous Expense 710 Interest Expense LIABILITIES hedk My work ? o

Explanation / Answer

Date Accounts title and explanation Post ref Debit Credit 31-Dec Work in progress (3690+4010+23040+21440+6880+7620+34540) 132 101220 Factor Overhead 133 6000 wages payable 251 107220 ( To record the factory labor costs)