Panzarella Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is avaliable regarding its May inventories: The following additional information describes the company's production activities for May. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Raw materials inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 146,000 \\ \hline \end{tabular} Work in process inventory - stitching \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Finished goods inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 300,100 \\ \hline \multicolumn{3}{|c|}{} & & \\ \hline & & Factory Equipment- \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 165.000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Work in process inventory-Cutting } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 323.500 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Accumulated deprociation - Factory equipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 33,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts payable } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline \end{tabular} Prey 1 of 1 Next \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Raw materials inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 146,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{1}{|c||}{} & \multicolumn{3}{|c|}{ Workin process inventory-stitching } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 343,300 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Finished goods inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 300,100 \\ \hline \end{tabular} Work in process inventory - Cutting \begin{tabular}{|c|c|c|c|c|} \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 323,500 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Factory Equipment } \\ \hline No: & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 165,000 \\ \hline \end{tabular} Panzarella Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is avaliable regarding its May inventories: The following additional information describes the company's production activities for May. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Raw materials inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 146,000 \\ \hline \end{tabular} Work in process inventory - stitching \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Finished goods inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 300,100 \\ \hline \multicolumn{3}{|c|}{} & & \\ \hline & & Factory Equipment- \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 165.000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Work in process inventory-Cutting } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 323.500 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Accumulated deprociation - Factory equipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 33,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts payable } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline \end{tabular} Prey 1 of 1 Next \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Raw materials inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 146,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{1}{|c||}{} & \multicolumn{3}{|c|}{ Workin process inventory-stitching } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 343,300 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Finished goods inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 300,100 \\ \hline \end{tabular} Work in process inventory - Cutting \begin{tabular}{|c|c|c|c|c|} \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 323,500 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Factory Equipment } \\ \hline No: & Date & Debit & Credit & Balance \\ \hline & Apr 30 & & & 165,000 \\ \hline \end{tabular}