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What journal entry will you use if materials issued 400 units at 2.25 each of Material?
Wiki User
∙ 9y ago
debit WIP 900
credit material 900
Wiki User
∙ 9y ago
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What is journal entry of purchase of raw material on cash?
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
What is the journal entry for issued cheques?
debit accounts payablecredit bank
What will be the journal entry for supplies issued?
Debit supplies expensesCredit supplies inventory
What is the journal entry to made a down payment of cash and issued note payable?
cash book
What is the journal entry when post dated cheque issued to supplier?
debit accounts payablecredit bank
What is the journal entry to record materials issued into production?
debit WIP Credit labor, Raw materials
What journal entry is made in a job order costing system when 8000 of material are requisitioned for general factory use instead of for use in a particular job?
The journal entry isManufacture Overhead 8000Raw Materials 8000
What is journal entry of purchase of raw material on cash?
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
What is the journal entry for issued cheques?
debit accounts payablecredit bank
What will be the journal entry for supplies issued?
Debit supplies expensesCredit supplies inventory
What is the journal entry to made a down payment of cash and issued note payable?
cash book
What is the journal entry when post dated cheque issued to supplier?
debit accounts payablecredit bank
What is the journal entry for issued a note payable?
debit accounts payablecredit notes payable
What is the journal entry for redemption of debentures which were issued at discount?
debit redemption of debentures accountcredit cash / bank
What is the journal entry for par value issued to shareholders?
debit cash / bankcredit shares in share capital account
What is the journal entry for certificates issued for promotional purposes rather than sold?
Debit advertisement and promotionCredit cash bank
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
