Entry for jobs completed; cost of unfinished jobs The following account appears in the ledger prior to recognizing the jobs completed in August: 11eb720d_3df6_ae67_a6e4_e7a777837eb3_SM1487_00 Jobs finished during August are summarized as follows: 11eb720d_3df6_d578_a6e4_95e0c0a3c9ff_SM1487_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 ,Jim Reeve ,Jonathan Duchac

Edition 26ISBN: 978-1337498159

Edition 26ISBN: 978-1337498159

Exercise 46

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...