1. How much Is ending raw materials inventory?2. How much is in ending work in process inventory?3. How much is in ending finished goods inventory?4. How much is gross profit?5. How much is the total liability for the company in its Balance sheet?6. How much is the total Asset for the company in its Balance sheet?7. How much is the total Equity for the company in its Balance sheet?8. How much is the total Cash in its Balance sheet?9. How much is the total inventory balance in its Balance sheet?10. How much is the Net Income for the company in its Income Statement?

Click in the account title sections of the journal entry and select the correct account titles to be debited and credited from the pick list. Correct debit/credit selections will turn the cells green. Assume the business commenced operations on January 1, and the summary entries below are the only ones related to job costing activities. Calculate and enter the correct amounts that would appear in financial statements as of the end of January. Correct values will turn the cells green. GENERAL JOURNAL Date Accounts Debit Credit Raw Materials Inventory 25,000 During Jan. Accounts Payable 25,000 To record purchase of raw materials GENERAL JOURNAL Date Accounts Debit Credit Work in Process Inventory 30,000 During Jan. Raw Materials Inventory 10,000 Salaries Payable 8,000 Factory Overhead 12,000 To transfer $10,000 of raw materials to production, incur $8,000 of direct labor, and apply $12,000 of overhead GENERAL JOURNAL Date Accounts Debit Credit Finished Goods Inventory 20,00 During Jan. Work in Process Inventory 20,000 To transfer completed units to finished goods GENERAL JOURNAL Date Accounts Debit Credit Accounts Receivable 45,000 During Jan. Sales 45,000 To record sales of finished goods GENERAL JOURNAL Date Accounts Debit Credit Cost of Goods Sold 15,000 During Jan. Finished Goods Inventory 15,000 To transfer finished goods to cost of goods sold How much is in ending raw materials inventory? >> >> 15,000 How much is in ending work in process inventory? >> >> 10,000 How much is in ending finished goods inventory? >> >> 5,000 How much is gross profit? >>>> 30,000