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I only need help with the t-accounts e. Maintenance costs incurred on account in the factory, $54,000. f. Advertising costs incurred on account, $136,000. g.

I only need help with the t-accounts image text in transcribed
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e. Maintenance costs incurred on account in the factory, $54,000. f. Advertising costs incurred on account, $136,000. g. Depreciation was recorded for the year, $95,000 (80% related to factory equipment, and the remainder rela administrative equipment). h. Re ntal cost incurred on account, $120,000 (85% related to factory facilities, and the remainder related to se facilities) i. Manufacturing overhead cost was applied to jobs, $_? j. Cost of goods manufactured for the year, $770,000. k. Sales for the year (all on account) totaled $1,200,000. These goods cost $800,000 according to their job c The balances in the inventory accounts at the beginning of the year were: Raw Materials Work in Process $21,eee Finished Goods$60,8ee $3e,000 Required: 1. Prepare journal entries to record the preceding transactions 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above,) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Ss 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below

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