Star Videos, Inc. Transaction A nalysis For the Year Ended December 31 Cash 87,400 (a) (b) (c) 0) (m) (o) Beginning balance @1/1 Raw material purchases Raw materials used utility costs Depreciation charges Advertising Salaries & wages Prepaid insurance Miscellaneous marketing Applied overhead Transfer completed videos to finished oods Sales Transfer finished goods to cost of goods sold Cash collections from customers Payment to suppliers Overapplied overhead Ending balances @ 12/31 s s Accounts Receivable s 107,200 948,000 Raw Materials s 15,800 199,000 Videos in Process s 54,600 (538,000) e Finished Goods s 94,400 638,000 (581,110) e Manufacturing Overhead Prepaid Insurance 11, 150 (9,300) e Studio & Equipment s Accounts Payable s 231,000 199,000 78,800 179,000 10,650 (584,000) e s 114,450 Retained Earnings s 721,550 898,000 985,400 s s 7,800 s oes 51,290 e s s 85,500 83,500 (290,000) e (121,000)' s 582,000 682,000