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Jx AB 9 10 11 12 D E F G For each of the transactions for the month below.journalize the necessary entry. The first entry

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Jx AB 9 10 11 12 D E F G For each of the transactions for the month below.journalize the necessary entry. The first entry has been completed for yol a. Materials purchased on account, $412,000. Description Debit Credit 13 15 16 17 b. Materials requisitioned for use in production, $398,000. $18,000 of this was for general factory use. Description Debit Credit 18 19 20 21 22 23 c. Factory labor during the period was $550,000. $30,000 of this was indirect. Description Debit Credit 24 25 26 27 28 29 d. Depreciation of the factory equipment, $26.000 Description Debit Credit 30 31 32 33 34 e. Depreciation of the office equipment, $15,000. Description Debit Credit 35 36 37 38 39 1. Factory prepaid rent that expired during the period, $6,000. Description Debit Credit 40 41 42 43 g. Office prepaid rent that expired during the period, $2,000. Sheet1 + C D H 9. Office prepaid rent that expired during the period. $2.000. Description Debit Credit 2 3 4 15 a 17 48 9 h. Other costs incurred on account for factory overhead included $40,000. Description Debit Credit SO 52 54 55 1. Estimated factory overhead cost for the period was $120,000 and estimated direct labor hours for the period were 40,000 hours. Assuming that overhead is applied based on direct labor hours and that the company used 42.000 direct labor hours during the period, apply factory overhead. Description Debit Credit 57 58 59 Close out the factory overhead balance to cost of goods sold. Description Debit Credit 64 65 Jobs completed during the period. $900,000 Description Debit Credit Cost of goods sold, 5850.000 70 Description Debit Credit 73 73 76

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