Preston Company manufactures car seats in its Tulsa plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. Prepare a set of summarized journal entries for all October 2020 transactions affecting Work in ProcessAssembly. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the purchase and use of direct materials. Record the conversion costs. Prepare a journal entry to transfer out the cost of goods completed. More info The process-costing system at Preston Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. Preston Company uses the weighted-average method of process costing. Total costs to account for Data table