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Record in General Journal Form the Following Transactions for Marble $10\$ 10

question 48

Essay

Record in general journal form the following transactions for Marble Manufacturing:
Feb. 4 Raw materials of $10\$ 10 , 000 were issued from the storeroom.
Feb. 7 Charged $20,000\$ 20,000 of direct labor to production.
Feb. 10 Supplies costing $6,000\$ 6,000 were issued from the storeroom.
Feb. 15 The following expenses were charged to overhead: depreciation $5,000\$ 5,000 , rent $4,000\$ 4,000 , and electricity $1,500\$ 1,500 .
Feb. 20 Overhead was applied at 80%80 \% of direct labor dollars.
Feb. 21 Transferred completed goods costing $8,000\$ 8,000 to finished goods.


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