Journalize

11:15 Done Wonderama Playgrounds F20 (6 of 69) Chart of Accts Beg. Trial Balance T-Acc CHART OF ACCOUNTS Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation Factory Equip Patients Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equip Utility Expense Insurance Expense Office Supplies Expense Rent Expense III Jan. 2 Jan. 2 Jan. 4 Jan. 5 Jan. 7 Paid Larchmont Advertising Agency $1,363 for designing advertisements to appear in local newspapers in January. Paid Princely Properties $4,250 for the January rent. Of this amount, 30% is for the office facilities and 70% is for the factory facilities. Received $30,200.00 on account from customers (no discount allowed). Sold Job #349, which was finished in December 2019 at a total cost of $39,800, to Happy Jacks Preschool Received a check from Lawson Corporation for the amount due. Payment was received within the discount period. (Balance due: 89,420.00, before discount) Paid Nogood Wood Products $8,562.40 in payment of their January 1 balance. Collected the amount due from Happy Jacks Preschool for the sale on Jan. 5. Paid Sorenson Plastics Company $12,925.00 in payment on account. Applied $3,860,00 of direct materials to Job #351 Applied $10,380,00 of direct labor to Job #351 Jan. 9 Jan. 12 Jan. 13 Jan. 15 Jan. 15