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Question
Six selected transactions for the current month are indicated by letters in the following T accounts in a job order cost accounting system:
| Materials | Work in Process | |||||
| (a) | | (a) | (d) | | ||
| (b) | | |||||
| (c) | | |||||
| Wages Payable | (f) | |||||
| (b) | | |||||
| Factory Overhead | Finished Goods | |||||
| (a) | (c) | | (d) | (e) | | |
| (b) | (f) | | (f) | | ||
| Cost of Goods Sold | ||||||
| (e) | ||||||
| (f) | ||||||
Describe each of the six transactions.
Answer
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