Prepare summary journal entries to record the following transactions for a company in its first month of operations. raw materials purchased on account, $118,000. direct materials used in production, $46,500. indirect materials used in production, $20,800. paid cash for factory payroll, $60,000. of this total, $43,000 is for direct labor and $17,000 is for indirect labor. paid cash for other actual overhead costs, $9,375. applied overhead at the rate of 125% of direct labor cost. transferred cost of jobs completed to finished goods, $91,000. sold jobs on account for $130,000 g(2). the jobs had a cost of $91,000 g(1).

Concrete consulting co. has the following accounts in its ledger: cash; accounts receivable; supplies; office equipment; accounts payable; jason payne, capital; jason payne, drawing; fees earned; rent expense; advertising expense; utilities expense; miscellaneous expense. transactions oct. 1 paid rent for the month, $3,600. 3 paid advertising expense, $1,200. 5 paid cash for supplies, $750. 6 purchased office equipment on account, $8,000. 10 received cash from customers on account, $14,800. 15 paid creditors on account, $7,110. 27 paid cash for miscellaneous expenses, $400. 30 paid telephone bill (utility expense) for the month, $250. 31 fees earned and billed to customers for the month, $33,100. 31 paid electricity bill (utility expense) for the month, $1,050. 31 withdrew cash for personal use, $2,500. journalize the following selected transactions for october 2019 in a two-column journal. refer to the chart of accounts for exact wording of account titles

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Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150