* Need help with the T-accounts & the numberings on the sides. Kindly refer to the format above *

Forest Components makes aircraft parts. The following transactions occurred in July. 1. Purchased $119,000 of materials on account. 2. Issued $117,600 in direct materials to the production department. 3. Issued $8,400 of supplies from the materials inventory. 4. Paid for the materials purchased in transaction (1) using cash. 5. Returned $15,400 of the materials issued to production in (2) to the materials inventory. 6. Direct labor employees earned $217,000, which was paid in cash. 7. Purchased miscellaneous items for the manufacturing plant for $120,400 on account. 8. Recognized depreciation on manufacturing plant of $245,000. 9. Applied manufacturing overhead for the month. Forest uses normal costing. It applies overhead on the basis of direct labor costs using an annual, predetermined rate. At the beginning of the year, management estimated that direct labor costs for the year would be $3,000,000. Estimated overhead for the year was $2,790,000. The following balances appeared in the inventory accounts of Forest Components for July. Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold Beginning ? ? $18,200 ? Ending 1688,200 73,500 49,700 521,500 Required: a. Prepare journal entries to record these transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. FOUR Uus LELER CUL A 1 119,000 Materials inventory Accounts payable 119,000 B 2 117,600 Work-in-process-direct materials Materials inventory 117,600 3 Manufacturing overhead control 8,400 Materials inventory 8.400 D 4 Accounts payable Cash 119,000 119,000 E 5 Materials inventory Work-in-process-direct materials 15,400 15,400 F 6 Wages payable Cash 217,000 217.000 G 7 Manufacturing overhead control Accounts payable 120,400 120,400 H 8 Manufacturing overhead control Accumulated depreciation-plant 245.000 245.000 20.180 Work-in-process-overhead Applied manufacturing overhead 20.180 Required A Required B Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Materials Inventory Work-In-Process Inventory Beg. bal. Beg. bal. Transferred to Finished Goods 1. 0 2. End, bal. 0 3. 4. ifacturing Overhead Control Applied Manufacturing Overhead Beg bal. End, bal. 0 End, bal. 0 ALE Accounts Payable Cash Beg. bal. Beg. bal. TI 1. 0 End, bal. 0 2. eciation Property, Plant, and Equipment 3. Finished Goods Inventory Beg. bal. A Goods completed Transfer to Cost of Goods Sold End, bal. 0 End. bal. 0 Cost of Goods Sold Beg. bal. Goods completed End. bal. 0