i dont need to add more information this is all thats needed

Step 1 - Journalize the transactions & Update Job Cost Sheets Record the transactions for Wonderama Playgrounds, Inc. in the general journal. You must use journal forms to record the transactions. Update the Job Cost Sheets as necessary as you prepare the journal entries. The balances that are already in the Job Cost Sheets are the costs that have already been accumulated for that job (beginning work in process) and should be added to the costs you incur for January for the total cost of the job. Use only the accounts provided. Please refer to the chart of accounts in the Excel file provided for a list of accounts. Round all amounts to the nearest penny. Step 2 - Post the transactions to the T-accounts Post your journal entries to the T-Accounts in the Excel worksheet. The amounts already in the T- Accounts are the beginning balances and should be included in your balances. You do not need to use a posting reference. Do not add any new accounts, all the accounts you need have already been set up. The account balance will update with each posting. When posting the transactions to the T-accounts, start in the top cell of each T-account for both debits and credits and do not skip any lines. Step 3 - Prepare a Trial Balance Click on the Trial Balance tab and prepare the Trial Balance for January 31, 2020. You should use cell references and formulas whenever possible as that considerably decreases the chance of a data entry error. The total of the Trial Balance should be $1,105,645.54. If your balance does not agree, make any necessary corrections before you proceed. Jan. 2 Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based on 125% of direct labor costs for that job. Wonderama Playgrounds, Inc. marks up all work by 40% of the job cost (sales price = total cost of job x 140%). Since Wonderama Playgrounds, Inc. sells to builders, contractors, school districts and schools, all sales are exempt from state sales tax. All sales are on account and are subject to terms of 2/10, net30 days, FOB Shipping Point. Accounts Payable is used solely for the purchase of direct materials, indirect materials, and factory supplies. All vendors expect full payment within 30 days. Operating expenses, with the exception of any accrued salaries, property taxes, and income taxes, are paid when incurred; all employees are paid at the end of the month. All cash is deposited in the bank when received and all payments are made by check. Following are the transactions for Wonderama Playgrounds, Inc. for January 2020: Jan. 2 Paid Larchmont Advertising Agency $1,363 for designing advertisements to appear in local newspapers in January. Paid Princely Properties $4,250 for the January rent. Of this amount, 30% is for the office facilities and 70% is for the factory facilities. Received $30,200.00 on account from customers (no discount allowed). Jan. Sold Job #349, which was finished in December 2019 at a total cost of $39,800, to Happy Jacks Preschool Received a check from Lawson Corporation for the amount due. Payment was received within the discount period. (Balance due: $9,420.00, before discount) Paid Nogood Wood Products $8,562.40 in payment of their January 1 balance. Collected the amount due from Happy Jacks Preschool for the sale on Jan. 5. I Paid Sorenson Plastics Company $12,925.00 in payment on account. Applied $3,860.00 of direct materials to Job #351 Applied $10,380.00 of direct labor to Job #351 Applied factory overhead to Job #351. Transferred the completed job #351 to Finished Goods. Jan. 4 5 Jan. 7 Jan. 9 Jan. 12 Jan. 13 Jan. 15 Jan. 15 Jan. 15 Jan. 15 Jan. 16 Received $35,250.00 on account from customers (no discount allowed). Jan 17 Jan. 18 Jan. 20 Jan. 20 Jan. 21 Sold and shipped Job #351 to the Smart Contractors. Wonderama Playgrounds, Inc. uses a perpetual inventory system. Purchased $6,329.00 of indirect materials and factory supplies to be used in the manufacture of all jobs currently in process, terms Net 30 days. (Hint: charge directly to Factory Overhead) Accepted a job for the manufacture of a playground unit for Breakwater Unified School District. February 14 is the promised completion date. Began the job today by applying $5,723.00 of direct materials to Job #354. Purchased from Casper Corporation $3,116.25 of indirect factory supplies, credit terms, net 15 days. (Hint: charge directly to Factory Overhead) Received a check for $9,890.00 from Sundial Corporation for the amount due, no discount allowed. Applied $4,765.00 of direct materials to Job #350. Received a check for $9,046.00 from Everest Company for the amount due after the discount period has expired. Applied $2,359.72 of direct materials to job #352. I Applied $1,586.00 of Direct Labor to Job #352. Applied factory overhead to Job #352. Transferred the completed job 352 to the Finished Goods account. Applied $4,683.87 of direct materials to job #353. Jan. 23 Jan. 23 Jan. 26 Jan. 26 Jan. 26 Jan. 26 Jan. 27 Jan. 27 Applied $3,120 of Direct Labor to Job #353. Applied factory overhead to Job #353. Jan. 27 Jan. 27 Jan. 27 Jan. 27 Jan. 27 Jan. 27 Applied $4,683.87 of direct materials to job #353. Applied $3,120 of Direct Labor to Job #353. Applied factory overhead to Job #353. Transferred the completed job #353 to the Finished Goods account. Received the amount due from Smart Contractors from the sale on Jan. 17. Sold and shipped Job #353 to the Grace Angelina Company. Paid Casper Corporation the amount due from the January 20 purchase. Applied $5,980.00 of Direct Materials to job #350. Applied $11,242.00 of Direct Labor to Job #350. Applied factory overhead to Job #350. Jan. 29 Jan. 30 Jan. 30 Jan. 30 Jan. 30 Jan. 30 Jan. 31 Jan. 31 Jan. 31 Transferred the completed job #350 to the Finished Goods account Sold and shipped Job #350 to Lawson Corporation. Paid All Power and Light Company $3,160.00 for heat, power, and light. Allocate 25% for the office facilities and 75% for the factory facilities. Applied $5,540.00 of Direct Materials to job #354 Applied $12,257.00 of direct labor to Job #354. Applied factory overhead to Job #354. Record the insurance expense for January. The prepaid insurance is for 8 months: Factory 75% General Jan. 31 Jan. 31 Jan. 31 25% Jan. 30 Transferred the completed job #350 to the Finished Goods account Jan. 31 Sold and shipped Job #350 to Lawson Corporation. Jan. 31 Paid All Power and Light Company $3,160.00 for heat, power, and light. Allocate 25% for the office facilities and 75% for the factory facilities. Applied $5,540.00 of Direct Materials to job #354 Jan. 31 Jan. 31 Applied $12,257.00 of direct labor to Job #354. Jan. 31 Jan. 31 Applied factory overhead to Job #354. Record the insurance expense for January. The prepaid insurance is for 8 months: Factory 75% General 25% Jan. 31 Jan. 31 The inventory of office supplies shows that $1,520.00 of supplies were on hand. Depreciation for the month is $1,120.00 for the Factory Equipment and $380.00 for the Office Equipment Amortization of the patents for the month is $390.00. (Debit Factory Overhead) Close the overapplied or underapplied factory overhead to Cost of Goods Sold. Jan. 31 Jan. 31 Wonderama Playgrounds, Inc + JOB COST RECORD Job : 350 Customer Name: Job Description: Lawson Corporation Hadley Park Date Promised: Date Started: Date Completed: January 29, 2020 December 15, 2019 Date 12/15 12/31 Direct Materials 9,360.00 Direct Labor Factory Overhead JOB TOTAL 15,020.00 18,775.00 Totals JOB COST RECORD Job #: 351 Date Promised: Customer Name: Supreme Contractors Date Started: Job Description: Tyson School District Date Completed: January 11, 2020 December 18, 2019 Direct Materials 7,198.00 Direct Labor Factory Overhead Date 12/18 12/31 JOB TOTAL 8,395.00 10,493.75 Totals JOB COST RECORD Job #: 352 Date Promised: Customer Name: Wypot Builders Date Started: Job Description: Gilroy School District Date Completed: February 5, 2020 December 19, 2019 Direct Labor Direct Materials 13,990.00 Factory Overhead Date 12/19 12/31 JOB TOTAL 7,250.00 9,062.50 Totals JOB COST RECORD Job #: 353 Date Promised: Customer Name: Grant Hughes Company Date Started: Job Description: Belmont Park Date Completed: January 25, 2020 December 22, 2019 Date 12/22 12/31 Direct Materials 6,750.00 Direct Labor Factory Overhead JOB TOTAL 10,935.00 13,668.75 Totals JOB COST RECORD Job #: 354 Date Promised: February 14, 2020 Customer Name: Breakwater Builders Date Started: January 20, 2020 Job Description: Ocean View School Date Completed: Date Direct Materials Direct Labor Factory Overhead JOB TOTAL Totals B1 fx CHART OF ACCOUNTS C 1 CHART OF ACCOUNTS 2 3 Cash 4 Accounts Receivable 5 Allowance for Doubtful Accounts 6 Prepaid Insurance 7 Office Supplies 8 Inventory:Raw Materials 9 Inventory: Work in Process 10 Inventory: Finished Goods 11 Inventory:Factory Overhead 12 Office Equipment 13 Accumulated Depreciation Office Equip 14 Factory Equipment 15 Accumulated Depreciation Factory Equip 16 Patents 17 Accounts Payable 18 Income Tax Payable 19 Wages Payable 20 Common Stock 21 PIC in Excess of Par-Common Stock 22 Retained Earnings 23 Sales 24 Sales Discounts 25 Cost of Goods Sold 26 Advertising Expense 27 Depreciation Expense-Office Equip 28 Utility Expense 29 Insurance Expense 30 Office Supplies Expense 31 Rent Expense 32 33 35 36 37 39 40 41 42 43 44 45 46 48 49 SO 51 52 53 54 55 56 Wonderama Playgrounds, Inc. Trial Balance December 31, 2019 Credit Debit 46,969.48 110,624.78 3,318.00 9,400.00 4,212.00 79,030.00 130,898.00 39,800.00 31,626.97 63,259.00 20,637.19 250,822.00 100,816.56 Account Name Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation-Factory Equip Patents Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equip Utility Expense Insurance Expense Office Supplies Expense Rent Expense 13,123.76 47,585.17 37,512.96 275,000.00 55,000.00 239,896.11 779,765.99 779,765.99 Wonderama Playgrounds, Inc. T-Accounts/Ledger For the month ended January 31, 2020 Cost of Goods Sold Cash 46,969.48 Raw Materials 79,030.00 Office Equipment 63,259.00 Common Stock 275,000.00 63,259.00 275,000.00 AD - Office Euipment 20,637.19 PIC Excess Par - Common 55,000.00 55,000.00 79,030.00 20,637.19 46,969.48 Advertising Expense Retained Eamings 239,896.11 Work in Process 130,898.00 Factory Equipment 250,822.00 Accounts Receivable 110,624.78 239,896.11 250,822.00 Deprec Exp-Office Equip A/D - Factory Euipment 100,816.56 Sales 100,816.56 110,624.78 Office Supplies Exp Accounts Payable 47,585.17 Allow for Doubtful Accounts 3,318.00 Sales Discounts 3,318.00 Utility Expense 47,585.17 Prepaid Insurance 9,400.00 Wages Payable 9,400.00 130,898.00 Insurance Expense Office Supplies 4,212.00 Finished Goods 39,800.00 4,212.00 Rent Expense Patents 13,123.76 39,800.00 Income Taxes Payable 37,512.95 13,123.76 Factory Overhead 31,626.97 37,512.96 Wonderama Playgrounds, Inc. Trial Balance January 31, 2020 Debit Credit Account Name Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation-Factory Equip Patents Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equip Utility Expense Insurance Expense Office Supplies Expense Rent Expense 0.00 0.00 Step 1 - Journalize the transactions & Update Job Cost Sheets Record the transactions for Wonderama Playgrounds, Inc. in the general journal. You must use journal forms to record the transactions. Update the Job Cost Sheets as necessary as you prepare the journal entries. The balances that are already in the Job Cost Sheets are the costs that have already been accumulated for that job (beginning work in process) and should be added to the costs you incur for January for the total cost of the job. Use only the accounts provided. Please refer to the chart of accounts in the Excel file provided for a list of accounts. Round all amounts to the nearest penny. Step 2 - Post the transactions to the T-accounts Post your journal entries to the T-Accounts in the Excel worksheet. The amounts already in the T- Accounts are the beginning balances and should be included in your balances. You do not need to use a posting reference. Do not add any new accounts, all the accounts you need have already been set up. The account balance will update with each posting. When posting the transactions to the T-accounts, start in the top cell of each T-account for both debits and credits and do not skip any lines. Step 3 - Prepare a Trial Balance Click on the Trial Balance tab and prepare the Trial Balance for January 31, 2020. You should use cell references and formulas whenever possible as that considerably decreases the chance of a data entry error. The total of the Trial Balance should be $1,105,645.54. If your balance does not agree, make any necessary corrections before you proceed. Jan. 2 Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based on 125% of direct labor costs for that job. Wonderama Playgrounds, Inc. marks up all work by 40% of the job cost (sales price = total cost of job x 140%). Since Wonderama Playgrounds, Inc. sells to builders, contractors, school districts and schools, all sales are exempt from state sales tax. All sales are on account and are subject to terms of 2/10, net30 days, FOB Shipping Point. Accounts Payable is used solely for the purchase of direct materials, indirect materials, and factory supplies. All vendors expect full payment within 30 days. Operating expenses, with the exception of any accrued salaries, property taxes, and income taxes, are paid when incurred; all employees are paid at the end of the month. All cash is deposited in the bank when received and all payments are made by check. Following are the transactions for Wonderama Playgrounds, Inc. for January 2020: Jan. 2 Paid Larchmont Advertising Agency $1,363 for designing advertisements to appear in local newspapers in January. Paid Princely Properties $4,250 for the January rent. Of this amount, 30% is for the office facilities and 70% is for the factory facilities. Received $30,200.00 on account from customers (no discount allowed). Jan. Sold Job #349, which was finished in December 2019 at a total cost of $39,800, to Happy Jacks Preschool Received a check from Lawson Corporation for the amount due. Payment was received within the discount period. (Balance due: $9,420.00, before discount) Paid Nogood Wood Products $8,562.40 in payment of their January 1 balance. Collected the amount due from Happy Jacks Preschool for the sale on Jan. 5. I Paid Sorenson Plastics Company $12,925.00 in payment on account. Applied $3,860.00 of direct materials to Job #351 Applied $10,380.00 of direct labor to Job #351 Applied factory overhead to Job #351. Transferred the completed job #351 to Finished Goods. Jan. 4 5 Jan. 7 Jan. 9 Jan. 12 Jan. 13 Jan. 15 Jan. 15 Jan. 15 Jan. 15 Jan. 16 Received $35,250.00 on account from customers (no discount allowed). Jan 17 Jan. 18 Jan. 20 Jan. 20 Jan. 21 Sold and shipped Job #351 to the Smart Contractors. Wonderama Playgrounds, Inc. uses a perpetual inventory system. Purchased $6,329.00 of indirect materials and factory supplies to be used in the manufacture of all jobs currently in process, terms Net 30 days. (Hint: charge directly to Factory Overhead) Accepted a job for the manufacture of a playground unit for Breakwater Unified School District. February 14 is the promised completion date. Began the job today by applying $5,723.00 of direct materials to Job #354. Purchased from Casper Corporation $3,116.25 of indirect factory supplies, credit terms, net 15 days. (Hint: charge directly to Factory Overhead) Received a check for $9,890.00 from Sundial Corporation for the amount due, no discount allowed. Applied $4,765.00 of direct materials to Job #350. Received a check for $9,046.00 from Everest Company for the amount due after the discount period has expired. Applied $2,359.72 of direct materials to job #352. I Applied $1,586.00 of Direct Labor to Job #352. Applied factory overhead to Job #352. Transferred the completed job 352 to the Finished Goods account. Applied $4,683.87 of direct materials to job #353. Jan. 23 Jan. 23 Jan. 26 Jan. 26 Jan. 26 Jan. 26 Jan. 27 Jan. 27 Applied $3,120 of Direct Labor to Job #353. Applied factory overhead to Job #353. Jan. 27 Jan. 27 Jan. 27 Jan. 27 Jan. 27 Jan. 27 Applied $4,683.87 of direct materials to job #353. Applied $3,120 of Direct Labor to Job #353. Applied factory overhead to Job #353. Transferred the completed job #353 to the Finished Goods account. Received the amount due from Smart Contractors from the sale on Jan. 17. Sold and shipped Job #353 to the Grace Angelina Company. Paid Casper Corporation the amount due from the January 20 purchase. Applied $5,980.00 of Direct Materials to job #350. Applied $11,242.00 of Direct Labor to Job #350. Applied factory overhead to Job #350. Jan. 29 Jan. 30 Jan. 30 Jan. 30 Jan. 30 Jan. 30 Jan. 31 Jan. 31 Jan. 31 Transferred the completed job #350 to the Finished Goods account Sold and shipped Job #350 to Lawson Corporation. Paid All Power and Light Company $3,160.00 for heat, power, and light. Allocate 25% for the office facilities and 75% for the factory facilities. Applied $5,540.00 of Direct Materials to job #354 Applied $12,257.00 of direct labor to Job #354. Applied factory overhead to Job #354. Record the insurance expense for January. The prepaid insurance is for 8 months: Factory 75% General Jan. 31 Jan. 31 Jan. 31 25% Jan. 30 Transferred the completed job #350 to the Finished Goods account Jan. 31 Sold and shipped Job #350 to Lawson Corporation. Jan. 31 Paid All Power and Light Company $3,160.00 for heat, power, and light. Allocate 25% for the office facilities and 75% for the factory facilities. Applied $5,540.00 of Direct Materials to job #354 Jan. 31 Jan. 31 Applied $12,257.00 of direct labor to Job #354. Jan. 31 Jan. 31 Applied factory overhead to Job #354. Record the insurance expense for January. The prepaid insurance is for 8 months: Factory 75% General 25% Jan. 31 Jan. 31 The inventory of office supplies shows that $1,520.00 of supplies were on hand. Depreciation for the month is $1,120.00 for the Factory Equipment and $380.00 for the Office Equipment Amortization of the patents for the month is $390.00. (Debit Factory Overhead) Close the overapplied or underapplied factory overhead to Cost of Goods Sold. Jan. 31 Jan. 31 Wonderama Playgrounds, Inc + JOB COST RECORD Job : 350 Customer Name: Job Description: Lawson Corporation Hadley Park Date Promised: Date Started: Date Completed: January 29, 2020 December 15, 2019 Date 12/15 12/31 Direct Materials 9,360.00 Direct Labor Factory Overhead JOB TOTAL 15,020.00 18,775.00 Totals JOB COST RECORD Job #: 351 Date Promised: Customer Name: Supreme Contractors Date Started: Job Description: Tyson School District Date Completed: January 11, 2020 December 18, 2019 Direct Materials 7,198.00 Direct Labor Factory Overhead Date 12/18 12/31 JOB TOTAL 8,395.00 10,493.75 Totals JOB COST RECORD Job #: 352 Date Promised: Customer Name: Wypot Builders Date Started: Job Description: Gilroy School District Date Completed: February 5, 2020 December 19, 2019 Direct Labor Direct Materials 13,990.00 Factory Overhead Date 12/19 12/31 JOB TOTAL 7,250.00 9,062.50 Totals JOB COST RECORD Job #: 353 Date Promised: Customer Name: Grant Hughes Company Date Started: Job Description: Belmont Park Date Completed: January 25, 2020 December 22, 2019 Date 12/22 12/31 Direct Materials 6,750.00 Direct Labor Factory Overhead JOB TOTAL 10,935.00 13,668.75 Totals JOB COST RECORD Job #: 354 Date Promised: February 14, 2020 Customer Name: Breakwater Builders Date Started: January 20, 2020 Job Description: Ocean View School Date Completed: Date Direct Materials Direct Labor Factory Overhead JOB TOTAL Totals B1 fx CHART OF ACCOUNTS C 1 CHART OF ACCOUNTS 2 3 Cash 4 Accounts Receivable 5 Allowance for Doubtful Accounts 6 Prepaid Insurance 7 Office Supplies 8 Inventory:Raw Materials 9 Inventory: Work in Process 10 Inventory: Finished Goods 11 Inventory:Factory Overhead 12 Office Equipment 13 Accumulated Depreciation Office Equip 14 Factory Equipment 15 Accumulated Depreciation Factory Equip 16 Patents 17 Accounts Payable 18 Income Tax Payable 19 Wages Payable 20 Common Stock 21 PIC in Excess of Par-Common Stock 22 Retained Earnings 23 Sales 24 Sales Discounts 25 Cost of Goods Sold 26 Advertising Expense 27 Depreciation Expense-Office Equip 28 Utility Expense 29 Insurance Expense 30 Office Supplies Expense 31 Rent Expense 32 33 35 36 37 39 40 41 42 43 44 45 46 48 49 SO 51 52 53 54 55 56 Wonderama Playgrounds, Inc. Trial Balance December 31, 2019 Credit Debit 46,969.48 110,624.78 3,318.00 9,400.00 4,212.00 79,030.00 130,898.00 39,800.00 31,626.97 63,259.00 20,637.19 250,822.00 100,816.56 Account Name Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation-Factory Equip Patents Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equip Utility Expense Insurance Expense Office Supplies Expense Rent Expense 13,123.76 47,585.17 37,512.96 275,000.00 55,000.00 239,896.11 779,765.99 779,765.99 Wonderama Playgrounds, Inc. T-Accounts/Ledger For the month ended January 31, 2020 Cost of Goods Sold Cash 46,969.48 Raw Materials 79,030.00 Office Equipment 63,259.00 Common Stock 275,000.00 63,259.00 275,000.00 AD - Office Euipment 20,637.19 PIC Excess Par - Common 55,000.00 55,000.00 79,030.00 20,637.19 46,969.48 Advertising Expense Retained Eamings 239,896.11 Work in Process 130,898.00 Factory Equipment 250,822.00 Accounts Receivable 110,624.78 239,896.11 250,822.00 Deprec Exp-Office Equip A/D - Factory Euipment 100,816.56 Sales 100,816.56 110,624.78 Office Supplies Exp Accounts Payable 47,585.17 Allow for Doubtful Accounts 3,318.00 Sales Discounts 3,318.00 Utility Expense 47,585.17 Prepaid Insurance 9,400.00 Wages Payable 9,400.00 130,898.00 Insurance Expense Office Supplies 4,212.00 Finished Goods 39,800.00 4,212.00 Rent Expense Patents 13,123.76 39,800.00 Income Taxes Payable 37,512.95 13,123.76 Factory Overhead 31,626.97 37,512.96 Wonderama Playgrounds, Inc. Trial Balance January 31, 2020 Debit Credit Account Name Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation-Factory Equip Patents Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equip Utility Expense Insurance Expense Office Supplies Expense Rent Expense 0.00 0.00