The balance in Burt Company’s finished goods inventory account was $25,000 at the beginning of September. Cost of goods manufactured for the month totaled $17,000, and cost of goods sold totaled $14,000. 

Required:

a. Prepare separate journal entries to record the following items.

1. Cost of goods manufactured for the month

2. Cost of goods sold for the month

b. Prepare a T-account for finished goods inventory and include the beginning balance for September. Post the appropriate items from the journal entries in part a to this account, and calculate the ending balance in finished goods inventory.