Journalize each transaction in the general journal, and post in the general ledger, then prepare an adjusted trial balance

Paid rent for the month, $4,000 total, 85% for space devoted to Jan 2 manufacturing the products, 15% for office space. 2 3 4 2 Paid Hardware For All $879 in payment of the December 31 balance. Received a check from Fun For All Backyard Games for $1,230.00 in partial 3 payment of their December 31 balance. 4 Purchased manufacturing supplies on account from Local Got It All, $325. 6 7 8 6 Sold a medium Giant Jenga game from inventory for Cash. Received $546. Our cost was $390. 9 TO Received an order for a large Falling Orbs game from a cash customer. Set up job 126. Began working on the job by applying $120 of direct materials (requisition number 59). Whenever we use direct materials on a job we will also apply Factory Overhead at a rate of 40% of the direct Materials cost. We also applied $80 of direct labor (time ticket 48). Whenever we have direct labor we will debit Work in Process (WIP) for the 6 total gross wages, credit Employees Federal Income Tax Payable for 15% of the total direct labor, credit FICA Tax Payable for 7.65% of total direct labor, and credit Salaries Payable for the difference to get total debits to equal total credits. Paid Secondary Bank $8,798.40 for December 2020 payroll taxes as follows: 6 Employees' Federal Income Tax Payable - $3,744.00 FICA Tax Payable - $1,909.44 FUTA Tax Payable - $149.76 SUTA Tax Payable - $ 2,995.20 7 Purchased materials on account from Lumber Unlimited, $9,700 B 10 21 22 23 Received a check from Utopian Backyard Fun for $4,700 in partial payment 8 of their December 31 balance. 10 Paid $400 for advertising for the rest of the month. 10 Paid Lumber Unlimited $6,950 in payment of the December 31 balance. Received a check from Backyard Game Treats for $4,200 in payment of their 14 December 31 balance. Sold a small Outdoor Word Game from inventory for cash, $380 cost, $532 14 sales price. Sold 2 large Giant Jenga games, 2 medium and 1 large bean bag toss games, 1 small and 1 medium Connect the color games, and 3 large Falling Orb 14 games out of inventory to a cash customer. Retail price, $5,755.40. Our cost, $4,111.00. 24 25 26 27 Applied $80 of direct materials to job 126 (requisition number 60), applied factory overhead at the rate given previously and applied $120 of direct labor 14 (time ticket 49) withholding taxes at the rates given previously. This finished off the job so we transferred all costs from WIP into Finished Goods. 29 30 31 52 Recorded the sale of Job 126 to the cash customer reporting the sale at the 15 retail price of $672 and moving our cost of finished goods into Cost of Goods Sold. Paid Utility bill, $510. 85% for manufacturing area, 15% for 15 nonmanufacturing area. 33 34 Added $1,150 of materials to job 125 (requisition number 61). Remember to 16 also apply factory overhead as shown earlier. Also added $1,462 of labor (time ticket 50). Remember to wyithhold taxes as shown earlier. This finished off job 125. 35 136 37 30 16 Sold job 125 to Oversize Games on account. Sales price is $8,010.80. Determine our total cost from the job cost records. Received an order for a medium bean bag game from a cash customer. Set up job 127. Began working on the job by applying $40 of direct materials 17 39 40 Received an order for a medium bean bag game from a cash customer. Set 17 up job 127. Began working on the job by applying $40 of direct materials (requisition number 62), applying factory overhead, and applying $20 of direct labor (time ticket 51) withholding the appropriate taxes. Received an order for 3 large Falling Orbs and 2 Medium Falling Orbs from Fun For All Backyard Games. Set up job 128. Began working on the job by 21 applying $220 of direct materials (requisition number 63), apply factory overhead, and $410 of direct labor (time ticket number 52) withholding taxes. 41 42 43 44 45 46 Sold 2 large Giant Jenga games and 1 large Falling Orbs game to a cash 21 customer from inventory. Our cost is $870. Sales price is $1,218. 21 Received a check from Oversize Games for $3,290 in payment of their December 31 balance. 21 Used materials on hand toovork on all jobs currently in process, $217 Purchased paint and stain (direct materials) from Paint To Go on account, 23 $692 47 48 49 SE SU 51 52 Set up bookkeeper salary, $960 for the month, indicate withholding for 27 federal income tax and FICA. Withhold payroll taxes at the same rate we used for direct labor transactions. Set up employer payroll taxes for both manufacturing employees and nonmanufacturing employees. Debit Factory Overhead 365.06; Debit Payroll Tax Expense 167.52; credit FICA Tax Payable 233.48; credit FUTA Tax Payable 24.42; credit SUTA Tax Payable 274.68. 30 53 55 5b 30 Paid all employees for wages earned in January 57 58 30 Owner withdrew $3,200 for personal use. 59 DU 30 Received $1,015.60 on account from Fun For All Backyard Games 61 62 30 Received $2,650 on account from Utopian Backyard Fun 30 Paid Local Got It All on account, $325 63 65 66 30 Paid Lumber Unlimited on account, $9,700 67 60 30 Paid Paint To Go on account, $1,120 30 Purchased materials on acocunt from Lumber Unlimited, $4,300 69 10