What is the journal entry for the following? 1. Accrued utility costs amount to Php 7,000. 2. Property Taxes for Factory paid at Php 2,000. 3. Expired Insurance Premium amounts to Php 1,600. 4. Depreciation on factory equipment amounts to Php 30,000 5. Actual factory overhead was charged to production. 6. Transferred finished and completed products to the finished goods inventory, Php 320,000 7. Sales during the period amount to Php 700,000, of which Php 550,000 were on account. 8. The Cost of Goods Sold amounts to Php 330,000. 9. Operating expenses during the period amounts to Php 180,000.