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radkins0108 radkins0108
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5 years ago
Powderhouse, Inc. has two processesColoring Department and Mixing Department. The company sold 2,000 gallons of paint for $220,000, of which $150,000 was sold on account. The total cost of processing was $385,000 for 5,500 gallons of paint. What are the journal entries to record a sale if the company follows a process costing system?
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Horngren's Accounting

Horngren's Accounting


Edition: 11th
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einsteineinstein
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