Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: October 1 2 31 31 Materials purchased on account, $645,190. Materials requisitioned $642,250, of which $72,680 was for general factory use. Factory labor used, $631,920, of which $91,350 was indirect. Other costs incurred on account for factory overhead, $153,030, selling expenses, $228,490; and administrative expenses, $150,890. Prepaid expenses expired for factory overhead were $29,630, for selling expenses, $26,950; and for administrative expenses, $17,150. Depreciation of office building was $88,610; of office equipment, $42.970; and of factory equipment, $31,120. 31 31 31 Depreciation of office building was $88,610; of office equipment, $42,970; and of factory equipment, $31,120. Factory overhead costs applied to jobs, $373,200. Jobs completed, $966,650. 31 31 31 Cost of goods sold, $848,470. Required: Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Journal JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 Journal 10 11 12 13 14 15 16 17 18 19 20 Journal 18 19 20 21 22 23 24 25 26 Chart of Accounts ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable 610 Interest Revenue 125 Notes Receivable 126 Interest Receivable EXPENSES 131 Materials 510 Cost of Goods Sold 132 Work in Process 133 Factory Overhead 520 Wages Expense 531 Selling Expenses 532 Insurance Expense 134 Finished Goods 533 Utilities Expense 141 Supplies 142 Prepaid Insurance 534 Office Supplies Expense 540 Administrative Expenses 143 Prepaid Expenses 181 Office Building 191 Office Equipment 192 Accumulated Depreciation-Buildings and Equipment 561 Depreciation Expense-Office Building 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable Chart of Accounts 236 Interest Payable 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary