Munson Co. uses a job order cost system. The following data summarize the operations related to production for July: (journals go up to 26)

Munson Co. uses a job order cost system. The following data summarize the operations related to production for July: July Materials purchased on account, $663,320. 1 2 31 31 Materials requisitioned, $618,780, of which $71,310 was for general factory use. Factory labor used, $640,350, of which $88,200 was indirect Other costs incurred on account for factory overhead, $140,430; selling expenses, $245,050; and administrative expenses, $145,440. Prepaid expenses expired for factory overhead were $30,100; for selling expenses, $27,880; and for administrative expenses, $18,590. 31 31 Depreciation of office building was $86,490; of office equipment, $45,350; and of factory equipment, $30,880 31 Factory overhead costs applied to jobs, $365,760. 31 Jobs completed, $1,017,410 31 Cost of goods sold, $911,220 Required: Journalize the entries to record the summarized operations. Refer to the Chart of Accounts for exact wording of account titles LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Pavable 251 Wages Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Journalize the entries to record the summarized operations. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL DATE DESCRIPTION POST. RE CREDIT 4