Instructions: Prepare appropriate job order cost system entries to record the data/events given below. Pince the appropriate identification numbers) in the debit and credit columns provided and the dollar amount in the adjoining column 1. Cash 2. Accounts Receivable 3. Raw Materials Inventory 4. Work in Process Inventory 5. Finished Goods Inventory 6. Manufacturing Overhead 7. Accounts Payable 8. Factory Wages Payable 9. Accumulated Depreciation 10. Sales Revenue 11. Depreciation Expense 12. Factory Labor 13. Wages Expense 14. Cost of Goods Sold 15. Other Accounts Entry Information Accounts) Debited Accounts) Credited Dollar Amount 1. 2. Purchased raw materials on account-$96,000 Incurred factory labor-575,000 3. Charged direct labor to job X43$68,000 4. Charged direct materials to job X43-582,000 5. Incurred manufacturing overhead on account-$38,000 6. Recognized depreciation on factory equipment-$11,000 7. Charged overhead to job X43 at 80% of direct labor cost 8. Recorded completion of job X43 9. Recorded cost of sales for job X43 10. Recorded revenue from sale of job X43 on account-- $330,000 Financial statements for Advantage Corporation are presented below. ADVANTAGE CORPORATION Comparative Balance Sheet December 31 2020 2019 Assets ash.... accounts receivable (net...... ventory ..... ... ..... und..... uipment.. cumulated depreciation... Total assets... $ 8,000 64,000 40,000 24,000 124,000 (40.000) $220,000 $ 12,000 48,000 36,000 16,000 96,000 (28,000) $180,000 counts payable g-term notes payable Liabilities and Stockholders' Equity $ 40,000 70,000 $32,000 58,000