Please complete the following problem, and please double check your answers, as this is for an important test. Thanks!

g Company follows: Code C Cash AR Accounts Receivable RM Raw Materials Inventory IP Work In Process Inventory FG Finished Goods Inventory AP Accounts Payable FL Factory Labor MOH CGS Manufacturing Overhead Cost of Goods Sold S Sales Sloan Manufacturing Company uses a job order system and maintains perpetual inventory records. Instructions Place the appropriate code letter in the columns indicating the appropriate account(s) to be debited and credited for the transactions listed below Account(s) Account(s) Transactions Debited Credited 1. Raw materials were purchased on account. Issued a check to Estes Machine Shop for repair work on factory equipment 2. 3. Direct materials were requisitioned for Job 280 4. Factory labor was paid as incurred. 5. Recognized direct labor and indirect labor used. 6. The production department requisitioned indirect materials for use in the factory predetermined overhead rate of $8 per lab or hour. Goods that were completed were transferred to 7. Overhead was applied to production based on a 8. finished goods. 9. Goods costing $80,000 were sold for $105,000 on account. 10. Paid for raw materials purchased previously on account