Prepare the journal entries reflecting (a.) the completion of Jobs 39 and 40 and (b.) the sale of Job 40. Make the entry to record the cost of Job 40 first, followed by the entry to record the revenue from its sale. The selling price is 140 percent of cost.
A. Completion
B. ofC. Jobs 78
D. 79
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Prepare the journal entries reflecting (a.) the completion of Jobs 39 and 40 and (b.) the sale of Jo...
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