In the course of routine checking of all journal entries prior to preparing year-end reports. Betty Eller discovered several strange entries. She recalled that the president's son Joe had come in to help out during an especially busy time and that he had recorded some journal entries. She was relieved that there were only a few of his entries, and even more relieved that he had included rather lengthy explanations. The entries Joe made were: (0 Work in Process Inventory 25,000 Cash 25,000 (This is for materials put into process. I don't nd the record that we paid for these, so I'm crediting Cash because I know we'll have to pay for them sooner or later.) (2) Manufacturing Overhead 12,000 Cash 12.000 [This is for bonuses paid to salespeople. I know they're part of overhead. and Ican't nd an account called "Non-Factory Overhead\" or "Other Overhead\" so I'm putting it in Manufacturing Overhead. I have the check stubs, so I know we paid these.) V Your answer is correct. How should Joe have recorded the rst event? {Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles Debit Credit ' Work in Process Inventory ' ' 20000 ' ' Raw Materials Inventory ' ' ' 20000 V Your answer is correct. How should Joe have recorded the second event? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles Debit Credit ' Sales Bonus Expense ' ' 8500 ' ' Cash ' ' ' 8500 {3] Wages Expense 120,000 Cash 120,000 (This is for the factory workers\" wages. I have a note that employer payroll taxes are $18,000. I still think that's part of wages expense and that we'll have to pay it all in cash sooner or later, so I credited lCash for the wages and the taxes.) (4i Work in Process Inventory 3,000 Raw Materials Inventory 3,000 (This is for the glue used in the factory. I know we used this to make the products, even though we didn't use very much on any one of the products. I got it out of inventory, so I credited an inventory account.) How should Joe have recorded the third event? {Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles Debit Credit ' FactoryLabor ' ' 108000 ' ' Employer Payroll Taxes Payable ' l ' 16200 ' Factory Wages Payable ' l ' 91800 Your answer is correct. How should Joe have recorded the fourth event? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles Debit Credit Manufacturing Overhead 3000 Raw Materials Inventory 3000