Question: Please complete in Excel style format Question 2-10 Points Paul Enterprises uses a job costing system. Write journal entries to record the following transactions in

 Please complete in Excel style format Question 2-10 Points Paul Enterprises

Please complete in Excel style format

Question 2-10 Points Paul Enterprises uses a job costing system. Write journal entries to record the following transactions in Paulson Enterprises' General Journal for the current month, February. You may choose any date in the month for the journal entries. a) Purchased raw materials on account, $75,000. b) Requisitioned $44,500 of direct materials and $7,000 of indirect materials for use in production. c) Factory payroll incurred, $90,000; 80% direct labour, 20% indirect labour. d) Recorded depreciation expense factory equipment $12,000. e) Recorded other manufacturing overhead of $42,100 (credit accounts payable). f) Allocated manufacturing overhead costs based on 120% of direct labour cost. g) Cost of completed production for the current month, $142,000. h) Cost of finished goods sold, $115,000; selling price, $175,000 (all sales on account)

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