instructions Barnes Company uses a job order cost system. The following data summarize the operations related to production for October October 1 2 31 31 31 Materials purchased on account, $644,380. Materials requisitioned, $670,250, of which $71,770 was for general factory use. Factory labor used, $637,900, of which $88,640 was indirect, Other costs incurred on account for factory overhead, $142,060; selling expenses, $238,560 and administrative expenses $151,300. Prepaid expenses expired for factory overhead were $29,450; for selling expenses. $27,540; and for administrative expenses, $18,720 Depreciation of office building was $84,480; of office equipment, $43,730, and of factory equipment, $32,270 Factory overhead costs applied to jobs, $379,790 Jobs completed, $988,380 Cost of goods sold, S921,340. 31 31 31 31 Required: Joumalize the entries to record the summarized 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. Instructions Chart of Accounts Journal Chart of Accounts CHART OF ACCOUNTS Barnes Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 132 Work in Process 133 Factory Overhead 134 Finished Goods 141 Supplies 142 Prepaid Insurance 520 Wages Expense 531 Selling Expenses 532 Insurance Expense 533 Utilities Expense 534 Office Supplies Expense 4 50 Adminitrative Ence Cengag. USE 143 Prepaid Expenses 181 Office Building 191 Office Equipment 192 Accumulated Depreciation-Buildings and Equipment 540 Administrative Expenses 561 Depreciation Expense-Office Building 562 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 Wages Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Entries for costs in a job order cost system Chat of Account Journal Jouma Journate the entries to record the red operations Retro nechat of account for the exact wording of the account CNOW umas do not use the forces or jumal explanation Everyone uma page is ved for det er and do not adeptor or pa ne bonne journal arts CNOWjournals will automatically indeed a credit entry when a credit amount tored PAGE 10 JOURNAL ACCOUNTING EQUATION DESERTION POST RY DET CREDIT ASSETS LABILITIES QUITY 1