Entry for jobs completed; cost of unfinished jobs The following account appears in the ledger prior to recognizing the jobs completed in August: 11eb6eb8_253f_ad8e_9fd7_27cde89148e7_SM1486_00 Jobs finished during August are summarized as follows: 11eb6eb8_253f_d49f_9fd7_9f59a1300b16_SM1486_00 a. Journalize the entry to record the jobs completed. b. Determine the cost of the unfinished jobs at August 31.

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Edition 26ISBN: 978-1285743615

Edition 26ISBN: 978-1285743615

Exercise 34

Entry for jobs completed; cost of unfinished jobs
The following account appears in the ledger prior to recognizing the jobs completed in August:

Jobs finished during August are summarized as follows:

a. Journalize the entry to record the jobs completed.
b. Determine the cost of the unfinished jobs at August 31.

Explanation

Verified

Summarize the given information regardin...