Job order cost system-journal entries
Shown below is a partial list of accounts for Miles Mfg.Co. ,followed by a list of transactions.Indicate the accounts that would be debited and credited in recording each transaction by placing the appropriate account numbers in the space provided.The company uses a job order cost accounting system. 
Definitions:
Return On Equity
A financial ratio that measures the profitability of a corporation in relation to stockholders' equity.
Fixed Asset Capacity
The maximum output or production level that can be achieved using the existing fixed assets under normal circumstances.
Growth Rate
The measure of an entity's increase in size, value, or quantity over a specific period, often expressed as a percentage.
Excess Capacity Scenario
A situation where a company can produce more goods or services than currently demanded because of available resources exceeding production requirements.
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