accounting

posted by .

One of the adjustments for the worksheet says:
* Of the $25 369.20 shown on the trial balance under Materials Used, $2 850 is still on hand and unused.

Therefore I credited Materials Used by $2 850.. but which account do I debited because there is no Materials account.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    The standard amount of materials required to make one unit of Product Q is 4 pounds. Tusa's static budget showed a planned production of 4,000 units. During the period the company actually produced 4,100 units of product. The actual …
  2. accounting

    Enter the trial balance on a worksheet and complete the worksheet. E4-2 The adjusted trial balance columns of the worksheet for Goode Company are as follows
  3. accounting

    E4-1 The trial balance columns of the worksheet for Briscoe Company at June 30, 2008, are as follows. BRISCOE COMPANY Worksheet For the Month Ended June 30, 2008 Trial Balance Account Titles Dr. Cr. Cash $2,320 Accounts Receivable …
  4. managerial accounting

    The following direct materials and direct labor data pertain to the operations of Solario Manufacturing Company for the month of August Costs Quantities Actual labor rate $13 per hour Actual hours incurred and used 4,200 hours Actual …
  5. accounting URGENT HELP DUE IN 1HR

    (a) Fill in the missing amounts. (If answer is zero, please enter 0. Do not leave any fields blank.) Account Titles Trial Balance Adjusted Trial Balance Dr. Cr. Dr. Cr. Accounts Receivable 34,000 Prepaid Insurance 26,000 20,000 Supplies …
  6. Accounting

    Materials used by Square Yard Products Inc. in producing Division 3's product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused …
  7. Social Studies (History)

    What were the materials to construct the transcontinental railroad?
  8. Accounting

    What is Beer direct materials and raw materials?
  9. accounting

    Accrued salaries 1 Bill’s Company Partial Worksheet For the Year Ended December 31st, 2012 Account Titles Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Merchandise Inv. 16 Store Supplies …
  10. acounnting

    9. The materials price variance reveals the difference between ____________________. (Points : 1) the price paid for materials and the quantity of materials used the quantity of materials used and the quantity of materials allowed …

More Similar Questions