A. Prepare Journal entries of the following data summary of operations for the year ended. 1. Purchased of material for billboard; $9,000 for plastic banner and white in for $500. 2. The cost accountant issued materials requisition form for $300 in plastic banner, $100 in black ink, $60 in red ink, and $60 in gold ink. For the finishing process for job 1, $120 in grommets and $60 in finishing wood were requisitioned. 3. Direct labor cost $50 incurred for job 1. 4. Indirect labor cost of $3000 incurred. 5. Total overheads cost of $24,000 was incurred which includes, office supplies $2,000, utilities $8,000, accumulated depreciation $7,000, prepaid insurance $4,500 and interest payable $2,500. 6. Overhead applied to job 1 was $200. 7. Job 1 was completed and transfers to finish goods. 8. Job 1 was sold at $2,000.

B. Prepare Trading account for the above.