The writer is very fast, professional and responded to the review request fast also. Thank you.
Presentation/PPT
27/08/2022
Ali Katt Manufacturing produces Powercat T-shirts. Prepare t-accounts for Cash, Raw material Inventory, work in process inventory, finished goods inventory, cost of goods sold, manufacturing overhead, sales, selling and administrative expenses and owner’s equity. Record the effects of the events in the t-accounts. Show the event letter next to each entry. Prepare an income statement and balance sheet for Ali Katt Manufacturing.a. Ali Katt began the year with $200 worth of raw materials. $150 worth of work in process, $500 worth of finished goods, $5,000 cash and $5,850 in Owner’s Equity.b. Ali Katt purchases cloth for $800 cash and sewing supplies for $200 cash (included were both direct materials and indirect materials)c. Ali Katt issued $700 of cloth from the storeroom to be used in producing t-shirts.d. Ali Katt issued $100 of sewing supply(indirect) from the storeroom to be used in producing t-shirtse. Ali Katt paid their sewing machine laborers $900 cash for work performed in the current period.f. Ali Katt paid their security guard $200 cash for work performed in the current period.g. Ali Katt paid cash for other expenses related to manufacturing t-shirts totaling $500h. Ali Katt paid cash for selling and administrative expenses of $700i. Ali Katt estimated that $800 worth of overhead cost should be applied to the t-shirts in work-in-process.j. Ali Katt completed t-shirts that had cost $2000 to produce. These shirts were not sold immediately.k. Ali katt sold $1,800 worth of t-shirts. The t-shirts were sold for $3,000 cash.
Show more
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more