Subject: – Accounting
All materials are attached.
Client`s comment: can you label which answer is to which qns? there are q1 part a,b, c (i) – (vi) ,d, and e. like wise for qns 2.
in addition, for qns 1 part ci-vi, i need a journal entries, which look like this example
Purchased materials on account:
Dr Raw Materials150,000
Cr Accounts Payable150,000
c.Materials requisitioned for production:
Dr Work in Process138,000
Dr Overhead Control6,000
Cr Raw Materials144,000