How do you journalize the entries to record the summarized operations???

9:43 1 v2.cengagenow.com Chapter 16 Entries for costs in a job order cost system Instructions Chart of Accounts Chart of Accounts CHART OF ACCOUNTS Barnes Co. General Ledger 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 520 Wages Expense 133 Factory Overhead 531 Selling Expenses 134 Finished Goods 532 Insurance Expense 141 Supplies 533 Utilities Expense 142 Prepaid Insurance 534 Office Supplies Expense 143 Prepaid Expenses 540 Administrative Expenses 181 Office Building 561 Depreciation Expense- 191 Office Equipment Office Building 192 Accumulated Depreciation-Buildings 562 Depreciation Expense- and Equipmen Office Equipment 590 Miscellaneous Expense LIABILITIES 710 Interest Expense 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 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 + 2 . . .9=46 4 .. e E} Chapter 16 Entries for ml: in a W Instructions VIE: Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: 0 0mm ' Materials purchased on account, $609,540. 2 Materials requisitioned. $658,830, of which $77.29!) was tor general factory use. 3' Factory labor used, $657,000, of which $87.07!) was indirect. 3' Other costs incurred on amount for factory warhead. $140,970: selling expanses, $241 ,550; and administrative expenses. $140,520. 3' Prepaid expenses expired for factory overhead were $29,400: for selling expenses, $26,310; and for administrative expenses. $13,410. 3' Depreciation of ofce building was $82,130; of ofce equipment. $44,590; and 01 factory equipment. $32.65!). 3' Factory overhead costs applied to jobs. $361370. 5' Jobs oompleted. $1945.20. 31 Cost of goods sold. $890,070. Required: Joumalize the entries to record the summarized operations. Ftefer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces orjournal 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.