Consider the following data for Cambridge Printing Company (in thousands):

Summarized transactions for 20X9 are as follows:

1. Prepare summary journal entries for 20X9 transactions. Omit explanations.
2. Show the T-accounts for all inventories, cost of goods sold and factory department overhead control. Compute the ending balances of the inventories. Do not adjust for underapplied or over-applied factory overhead.

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Inventories, 31 December 20X8 Direct materials Work in process Finished goods £22 27 102