Record the following transactions in good form

Example: On June 1, a Heath Company purchased inventory from a supplier on account for 520,000. Date Account Titles Debit Credit Raw Materials Inventory Accounts Payable On June 10, Heath Company transferred 520,000 of raw materials to the factory. $8,000 of the raw materials was direct and $12,000 of the raw materials was indirect. Date Account Titles Debit Credit On June 30, Heath Company paid the President of the company her monthly salary of 525,000. Date Account Titles Debit Credit On June 30, Heath Company applied overhead of 55,000 to completed jobs. Account Titles CGM = Schedule of Costs of Goods Manufactured CGS = Schedule of Costs of Goods Sold IS = Income Statement Financial Statement Overapplied Manufacturing Overhead Direct Labor Ending Finished Good Inventory Applied Manufacturing Overhead Purchase of Raw Materials Sales Selling and Administrative Expenses Beginning Raw Materials Inventory Gross Profit Ending Work in Process Inventory