1. Presented below is the adjusted trial balance of Al furat for food industrial

Inventory	1/1/2020	31/12/2020
Stock direct materials	12,000	16000
Stock of production in progress	2000	4000
Complete production stock	45000	30000

Additional info

Direct action	25000
Directly purchased materials	85000
rate of indirect industrial cost charging per hour of machine operation	4
number of operating hours for the machine during 2020	10000 hour
Actual indirect industrial costs 2020	42000
Sales	180000

The company is based on the distribution of differences between actual indirect industrial costs and indirect industrial costs charged to the in-progress production stock, finished goods inventory and the cost of sales.

Required:

1- journal entries

2- Transferring the ledger's books to the accounts of in-progress production, full production and the costs of goods sold

3- Preparing the income statement

thousand