as follows: (Click the icon to view the transactions.) Read the requirements. i Requirements 1. Journalize the transactions for the company. 2. T-accounts for the general ledger, the Raw Materials Inventory subsidiary ledger, the Work-in-Process Inventory subsidiary ledger, and the Finished Goods Inventory subsidiary ledger have been opened for you along with each account's balance as given. Post the journal entries to the T-accounts using the transaction letters as a reference. 3. Prepare a trial balance at June 30, 2018. 4. Use the Work-in-Process Inventory T-account to prepare a schedule of cost of goods manufactured for the month of June. 5. Prepare an income statement for the month of June. Print Done click Check Answer. Clear All work 4 of 4 (3 complete) ents. Sc Data Table lows: ns.) School Stars Trial Balance bits first June 1, 2018 Balance Account Title Debit Credit Cash $ 24,000 170,000 Accounts Receivable Inventories: Raw Materials Work-in-Process 6,300 39,400 22,000 280,000 Finished Goods $ Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings 72,000 132,000 2,900 140,000 194,800 Sales Revenu n click Print Done 4 of 4 (3 complete) - X - i Data Table www Cash $ 24,000 Accounts Receivable 170,000 Inventories: Raw Materials 6,300 39,400 22,000 280,000 $ Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue 72,000 132,000 2,900 140,000 194,800 0 Cost of Goods Sold 0 Manufacturing Overhead Selling and Administrative Expenses 0 0 Total 541,700 $ 541,700 ck Print Done s. School Stars' trial balance on June 1 June transactions are summarized as follows (Click the icon to view the transactions.) Read the requirements. Fits first, then credits. Exclude explanations from any journal entries.) i More Info Raw Materials Inventory subsidiary ledger: Paper, $4,300; indirect materials, $2,000 Work-in-Process Inventory subsidiary ledger: Job 120, $39,400; Job 121, $0 Finished Goods Inventory subsidiary ledger: Large Stars, $9,700; Small Stars, $12,300 Print Done Homework: Chapter 17 Homework Score: 0 of 7 pts 4 of 4 (3 complete) P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 1 follows: (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Click the icon to view the balances.) June transactions are summ (Click the icon to view th Read the requirements. Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Collections on account, $144,000 Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Aneur
