journal entries) Shady Time installs awnings on residential and commercial structures. The company had the following transactions for February 2006:

• Purchased $195,000 of building (raw) material on account.

• Issued $185,000 of building (direct) material to jobs.

• Issued $30,000 of building (indirect) material for use on jobs.

. Accrued wages payable of $297,000, of which $237,000 could be traced directly to particular jobs.

• Applied overhead to jobs on the basis of 55 percent of cliiect labor cost.

. Completed jobs costing $333,000. For these jobs, revenues of $421,000 were collected.

Make all appropriate journal entries for the above transactions.

LO1.