General journal entry to record thetransactions, Accounting Basics

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General journal entry to record thetransactions

Prepare the required general journal entry to record the following transactions for the Flaherty Company.

a. incurred $95,000 of factory labor costs which is paid in cash.

b. used $42,000 of direct labor in the grinding dept,and $36,000 of direct labor in the sifting dept.

c. Used $17,000 of indirect labor.

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Accounting Basics: General journal entry to record thetransactions

Reference No:- TGS048396

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Accounting Basics: General journal entry to record thetransactions

Reference No:- TGS048396

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Increase in millers operating profits

Q : How many shares are outstanding

Q : Explain how distributing company would defend against claim

Q : What is the amount of the cost of goods sold

Q : General journal entry to record thetransactions

Q : What was the balance in receivables

Q : What the firm should do in given situation

Q : How much discount would the customer be entitled to

Q : Aggressive advertising campaign

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Ask an Expert for Answer!!

Accounting Basics: General journal entry to record thetransactions

Reference No:- TGS048396

Recent Questions Asked Accounting Basics

Q : Increase in millers operating profits

Q : How many shares are outstanding

Q : Explain how distributing company would defend against claim

Q : What is the amount of the cost of goods sold

Q : General journal entry to record thetransactions

Q : What was the balance in receivables

Q : What the firm should do in given situation

Q : How much discount would the customer be entitled to

Q : Aggressive advertising campaign

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