Required information [The following information applies to the questions displayed below] The following year-end information is taken from the December 31 adjusted trial balance and other records of Lea Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-factory equipment Raw materials purchases (all direct materials) Maintenance expense-factory equipment Factory utilities Direct labor Indirect labor office salaries expense. Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Sales salaries expense $ 61,000 40,000 41,000 83,000 930,000 45,900 39,600 532,000 80,000 45,000 29,000 70,000 168,000 403,000
Required information [The following information applies to the questions displayed below] The following year-end information is taken from the December 31 adjusted trial balance and other records of Lea Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-factory equipment Raw materials purchases (all direct materials) Maintenance expense-factory equipment Factory utilities Direct labor Indirect labor office salaries expense. Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Sales salaries expense $ 61,000 40,000 41,000 83,000 930,000 45,900 39,600 532,000 80,000 45,000 29,000 70,000 168,000 403,000
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter4: Adjusting Entries And The Work Sheet
Section: Chapter Questions
Problem 5E: Complete the work sheet for Ramey Company, dated December 31, 20, through the adjusted trial balance...
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