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Please help me fill out this chart I am confused! Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to

Please help me fill out this chart I am confused!
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Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,900. Date Accounts Debit Credit a. Website Expenses 2.900 Cash 2,900 b. Incurred manufacturing wages of $12,000, 60% of which was direct labor and 40% of which was indirect labor. Date Accounts Debit Credit b. Work-in-Process Inventory Manufacturing Overhead Wages Payable 7,200 4,800 12,000 c. Purchased raw materials on account, $19,000. Date Accounts Debit Credit C. Raw Materials Inventory Accounts Payable 19,000 19,000 d. Used in production: direct materials, $6,500; indirect materials, $3,500. Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) Debit Credit d. Used in production: direct materials, $6,500; indirect materials, $3,500. Date Accounts Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory d. 6,500 4,000 10,500 e. e. Recorded manufacturing overhead: depreciation on plant, $17,000; plant insurance (previously paid), S1,100; plant property Date Accounts Debit Credit Manufacturing Overhead Accumulated Depreciation-Plant Property Tax Payable Prepaid Insurance f. Allocated manufacturing overhead to jobs, 160% of direct labor costs, Date Debit Credit f. Accounts Work-in-Process Inventory Manufacturing Overhead Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) Date Debit Credit g. Completed production on jobs with costs of $32,000, Accounts Finished Goods Inventory Work-in-Process Inventory g h. Sold inventory on account, $28,000; cost of goods sold, $12,000. Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this journal entry. We will do that in the next step Date Accounts Debit Credit h. Accounts Receivable Sales Revenue Now record the expense related to the sale, Date Accounts Debit Credit h Cost of Goods Sold Finished Goods Inventory i. Adjusted for overallocated or underallocated overhead. Date Accounts Debit Credit i. Choose from any list or enter any number in the input fields and then continue to the next question. More Info a. Incurred and paid Web site expenses, $2,900. b. Incurred manufacturing wages of $12,000, 60% of which was direct labor and 40% of which was indirect labor. c. Purchased raw materials on account, $19,000. d. Used in production: direct materials, $6,500; indirect materials, $3,500. e. Recorded manufacturing overhead: depreciation on plant, $17,000; plant insurance (previously paid), $1,100; plant property tax, $3,700 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 160% of direct labor costs. g. Completed production on jobs with costs of $32,000. h. Sold inventory on account, $28,000; cost of goods sold, $12,000. i. Adjusted for overallocated or underallocated overhead. Print Done

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