Velasco Co: uses a job order cost system. The following data summarize the operations related to production for July July 1 Materials purchased on account, $644,380 2. Matenals requisitioned, $670,250, of which $71,770 was for general factory use 31 Factory labor used, $637,900, of which $88,640 was indirect 31. Other costs incurred on account for factory overhead, $142,060, selling expenses, $238,560, and administrative expenses, $151,300 31. Prepaid expenses expired for factory overhead, $29,450, for selling expenses, $27,540, and for administrative expenses, $18,720 31 Depreciation of office building was $84,480; of office equipment, $43,730, and of factory equipment, $32,270 31. Factory overhead costs applied to jobs, $379,790 31. Jobs completed, $988,380 31 Cost of goods sold, $921,340 Required: Joumalize the enthes to record the summanzed operations. Refer to the chart of accounts for the exact wording of the account thles. CNOW joumals do not use ines for joumal explanations Every line on a joumal puge is used for debt or credit enthes. CNOW joumals wilf automaticaly