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Credit Debit $ 72,000 41,000 25,500 Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings Sales Cost of goods sold Factory overhead Operating expenses Totals 9,000 3,000 $ 9,200 12, 200 30,000 88,000 184, 100 112,000 25,000 36,000 $323,500 $323,500 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date. Materials requisition 21-3010: Materials requisition 21-3011: Materials requisition 21-3012: Labor time ticket 6052: Labor time ticket 6053: Labor time ticket 6054: $ 4,500 direct materials to Job 402 $ 7,200 direct materials to Job 404 $ 1,800 indirect materials $ 5,000 direct labor to Job 402 $15,000 direct labor to Job 404 $ 5,000 indirect labor Journal entry worksheet 1 2 3 4 5 Record direct materials costs for Jobs 402 and 404. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 > Record direct labor costs for Jobs 402 and 404. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry Clear entry View general journal Journal entry worksheet Record the entry to allocate overhead to Jobs 402 and 404. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal Journal entry worksheet Record entry to assign cost of indirect materials. Note: Enter debits before credits. General Journal Debit Credit Transaction d. Record entry Clear entry View general journal Journal entry worksheet

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