Q.3 Green Company had the opening balances as follows: Cash $23,000; Finished Goods, $25,000; Work in Process, $40,000; Materials, $35,000. During September, the following transactions were completed: i. Materials were purchased on account at a cost of $ 50,000. ii. Materials in the amount of $60,000 were issue from the storeroom for use in production. iii. Requisitions for indirect factory materials and supplies totaled $6,000. iv. The payroll was 90,000, including sales salaries of $20,000 and office salaries of $15,000. Direct labor was 40,000 and the remaining was indirect labor. Income tax was withheld at the rate of 10% of gross payroll, and employee provident fund, at a 6.5% rate, was deducted. The payroll due the employees was paid during the month. v. Manufacturing overheads of $12,000 were paid. vi. FOH of 75% of the direct labor cost is charged to production. vii. Work in Process, January 31, was $30,000, and finished goods in the ware-house at the end of January totaled $20,000. vii. Goods were sold to customers for $270,000 during September ix. Customers paid $150,000 and remaining amount is still outstanding Required Record all the Journal Entries' of the above transactions