x Funishings Company manufactures designer furniture. Genx Furnishings uses a job onder.cont sstem, Balances on June 1 from the materials edoer are as folows Fabrc 65.800 20.920 52,000 ,250 Lumber Glue The materials purchased during June are summarized from the recelving.recorts as follows abric 474,200 908 030 4,620 Polyester ling Glue Materialis were requisitioned to individual jobs as follows Fabric Polyester Filling Lumber Glue Total 129,730$164 460 $404,530 Job 801 Job 602 ob 603 698,720 618,100 418,250 99370141.320 377410 0,950118,090 209210 33,410 33,410 320,050$423 870 $091,150 533,410 $1,768.480 The glue is not a significent cost so it is treaed s indirect materials (actory overhead) Required a Joumaliae the June entry to econd the purhase of materials in June" bJoumaline the June 3 entry to recond the requaition of materials in JAune eler to he Chart of Accounts for oxact wonding of account CHART OF ACCOUNTS GenX Furnishings Company General Ledger REVENUE 410 Sales 21 Accounts Receivable 610 Interest Revenue 126 Interest Receivable 510 Cost of Goods Sold 520 Wages Expense 531 Selling Expenses 532 Insurance Expense 533 Uilities Expense 534 Office Supplies Expense 33 Factory Overhead Goods 142 Prepaid Insuranore 590 Miscellaneous Expense 710 Interest Expense 221 Uites Payable 231 Notes Payable 236 ntrest Paysble 51 Wages Payable 52 Consuant Foes Payable of Accounts umal a Joumalize the June 1 entry to record the purchase of materials in June. b. Jounalize the June 3 entry to record the requisition of materials in June." Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL DATE POST, REF DEBIT CREDIT Determine the June 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Balance, June 30