I submitted this question on Chegg already but the answer i got back was very confusing for me to follow up for the entire JOURNAL and last final part... i am submitting this question again. pls solve it for me using the screenshot CHART ACCOUNT NAMES so i dont get confused when inserting the descriptions in the JOURNAL. the person maybe solved it right for me but it used their own chart account short cut names and it was hard for me to understand and answer. so pls make sure i dont have much question attempts.

Entries for process cost system Instructions Chart of Accounts Journal Final Questions Instructions Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories: Finished Goods $8,200 Work in Process-Spinning Department 1,800 Work in Process-Tufting Department 2,900 Materials 4,800 Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows: Jan. 1 Materials purchased on account, $82,700 2 Materials requisitioned for use: Fiber-Spinning Department, $43,800 Carpet backing-Tufting Department, $34,900 Indirect materials-Spinning Department, $3,200 Instructions Chart of Accounts Journal Final Questions Instructions Indirect materials-Spinning Department, $3,200 Indirect materials-Tufting Department, $2,800 31 Labor used: Direct labor-Spinning Department, $27,000 Direct labor-Tufting Department, $17,400 Indirect labor-Spinning Department, $11,600 Indirect labor-Tufting Department, $11,700 Depreciation charged on fixed assets: 31 Spinning Department, $5,200 Tufting Department, $3,100 31 Expired prepaid factory insurance: Spinning Department, $1,500 Tufting Department, $1,000 31 Applied factory overhead Spinning Department, $21,850 Tuftina Donortmant 010 250 SLUGLIONS le Instructions Spinning Department, $1,500 Tufting Department, $1,000 31 Applied factory overhead: Spinning Department, $21,850 Tufting Department, $18,350 31 Production costs transferred from Spinning Department to Tufting Department, $86,000 31 Production costs transferred from Tufting Department to Finished Goods, $152,800 Cost of goods sold during the period, $157,900 31 Required: 1. Journalize the entries to record the operations, using the dates provided with the summary of manufacturing 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 2. Compute the January 31 balances of the inventory accounts.* tho lonuon 21 halonnon of the foot nod CHART OF ACCOUNTS Port Ormond Carpet Company 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 520 Wages Expense 141 Work in Process-Spinning Department 142 Work in Process-Tufting Department 151 Factory Overhead-Spinning Department 531 Selling Expenses 532 Insurance Expense 533 Utilities Expense 152 Factory Overhead-Tufting Department Chart of Accounts 152 Factory Overhead-Tufting Department 533 Utilities Expense 161 Finished Goods 534 Supplies Expense 171 Supplies 540 Administrative Expenses 172 Prepaid Insurance 561 Depreciation Expense-Factory 173 Prepaid Expenses 590 Miscellaneous Expense 181 Land 710 Interest Expense 191 Factory 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable beck My Work Prey eBook Show Me How Entries for process cost system Instructions Chart of Accounts Journal Final Questions Chart of Accounts LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Instructions Chart of Accounts Journal Final Questions Journal Shaded cells have feed 1. Journalize the entries to record the operations, using the dates provided with the summary of manufacturing 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 journa entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Question not attempted. PAGE 10 JOURNAL Score: 0/346 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 Entries for process cost system Instructions Chart of Accounts Journal Final Questions Journal Shaded cells have feedback 6 7 8 9 10 11 12 13 14 15 16 17 18 19 eBook Show Me How Entries for process cost system Instructions Chart of Accounts Journal Final Questions Journal Shaded cells have feedbac 18 19 20 21 22 23 24 25 26 27 28 2. Compute the January 31 balances of the inventory accounts. Enter your amounts in positive value. Materials $2,800 Debit Work in Process: Spinning Department $ Debit Tufting Department $ Debit Finished Goods $ Debit Points: 5/8 3. Compute the January 31 balances of the factory overhead accounts. Enter your amounts in positive value. Factory Overhead: Spinning Department $ Credit Tufting Department $ Debit