For a Service Company Instructions Chart of Accounts Journal Final Questions Instructions The law firm of Furlan and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July Jul. 3 10 14 18 Charged 170 hours of protessional lawyer) time at a rate of $150 per hour to the Obsidian Co, broech of contract suit to prepare for the trial Reimbursed travel costs to employees for depositions related to the Obsidian case, $12,050 Charged 250 hours of professional time for the Obsidian trial at a rate of S160 per hour Received invoice from consultants Wadeley and Harden for $20,000 for expert testimony related to the Obsidian trial Applied office overhead at a rate of 58 per professional hour charged to the Obsidian case Paid administrative and support salaries of $29,110 for the month Used office supplies for the month, $4,200 Paid professional salaries of $70,500 for the month Billed Obsidian $190,000 for successful defense of the case 27 31 31 31 31 Required: a. Provide the journal entries for each of these transactions. Refer to the chart of accounts for next working of the account NOW journals do not use lines for journal explanations. Every Nine on a journal page is used for det or credit CNOW automatically indent a credit entry when a credit amount is entered b. How much office overhead is over or underapplied? Next Previous Email Check My Work 3 more Check My Work uses remaining ASSETS REVENUE 110 Cash 410 Fees Earned 610 Interest Revenue EXPENSES 510 Cost of Services 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 132 Work in Process 133 Office Overhead 141 Supplies 142 Prepaid Insurance 143 Prepaid Expenses 191 Office Equipment 192 Accumulated Depreciation Office Equipment 520 Salaries Expense 532 Insurance Expense 533 Utilities Expense 534 Office Supplies Expense 540 Administrative Expenses 560 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 Salaries Payable reck My Work 3 more Check My Work uses remaining Ema 90 DOO 5 192 Accumulated Depreciation Office Equipment 5 59 LIABILITIES 71 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Salaries Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends Check My Work 3 more Check My Work uses remaining. A settings Some account services will not be available until you sign in again View Book Printtum Job Order Cost Accounting for a Service Company Instructions Chart of Account Journal Final Questions Journal 1 2 5 4 11 12 11 LE 15 1 Previous Next > Check My Workmore Check My Work uses maning Email insouctor Save and Lot Submit Asment for Grade 11 10 14 16 1 . 19 20 Previous Next > Check My Work 3 more Check My Work uses mang Emance Save and Submit Assignment for an