Help with entries on accounting inventory accounting. A factory is a VAT general taxpayer and materials are accounted for at actual cost.

-75000

Loan: accounts payable - temporary estimates into the account

-75000

2. Debit: raw materials

50000

Loan: prepayment

50000

3. Debit: raw materials

101395

Taxes payable - VAT payable (input tax) 17105

Loan:Notes payable 118,500

4. Debit:Prepayments

80,000

Loan:Bank deposits

80,000

5. Debit:Raw materials

30000

Taxes payable - VAT payable (input tax) 5100

Credit: bank deposits 35100

6. Borrow: materials in transit 121930

Taxes payable - VAT payable (input tax)

20470

Credit: bank deposits

14240

7. Debit:Raw Materials

115930

Credit;Materials in Transit115930

8. Debit:Raw Materials

70,000

Taxes and Charges Payable - VAT Payable (Input Taxes) 11,900

Credit:Prepaid Accounts

81,900

Borrow:Prepayments

1900

Credit:Bank Deposits 1900

9.Borrow:Other Receivables

6000

Credit:Materials in Transit

6000

10.Borrow:Raw Materials

60000

Credit. Accounts Payable-Temporary Estimated Entry

60000

11.Debit:Production Cost

423000

Manufacturing Expense

80500

Administrative Expense

78600

Projects in Progress

52300

Credit: Raw Materials

6000

Credit: Raw Materials

6000

Credit. Raw Materials

634400