Problem on partially completed t-accounts for jj wock


Problem: The following are partially completed T-accounts for JJ Wock. The accountant needs help filling in the remaining details of the accounts before closing month-end and starting next month's transactions. An illustration displays four t-accounts. The account name is displayed on top of the first T as D M Inventory. The left side shows two amounts. The first is the beginning balance in the amount of 500. Just below is the ending balance with a 1,200 posting amount immediately below the 500 balance. No transaction is posted on the right (credit) side. The account name is displayed on top of the second T as W I P Inventory. The left side shows two amounts. The first is the beginning balance in the amount of 2,100. Just below is the ending balance with a 4,300 posting amount immediately below the 2,100 balance. No transaction is posted on the right (credit) side. The account name is displayed on top of the third T as F G Inventory. The left side shows two amounts. The first is the beginning balance in the amount of 8,700. Just below is the ending balance with a 12,500 posting amount immediately below the 8,700 balance. No transaction is posted on

 

 

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Accounting Basics: Problem on partially completed t-accounts for jj wock
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