Required information [The following information applies to the questions displayed below] Bergo Bay's accounting system generated the following account balances on December 3t. The company's manage) knows something is wrong with this list of balances because it does not show any balance for Work in Process inventory. and the accrued factory payroll (Factory Wages Payable) has not been recorded These su documents must be processed to Complete this question by entering your answers in the tabs below. Prepare an income statement. These six documents must be processed to bring the accounting records up to date. Jobs 402 and 404 are the only jobs cost. hed overhead rate is 200 s of dirced tabors end of the current year. year and a balance sheet as of December 31. Hint Retained eamings is 5356800 in overstatement of understatement of total assets? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Assume that the \\( \\$ 5,600 \\) on materials requisition 12 should have been direct materials charged to Job 404, Does thls error result in overstatement or understatement of total assets on the balance sheet at December 31 ? Does this error result in overstatement or understatement of total assets Complete this question by entering your answers in the tabs Prepare a balance sheet as of December 31