\begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Howie Stars } \\ \hline \multicolumn{4}{|c|}{ Trial Balance } \\ \hline \multicolumn{4}{|c|}{ June 1, 2024} \\ \hline & & \multicolumn{2}{|c|}{ Balance } \\ \hline Account Title & \multicolumn{2}{|r|}{ Debit } & \multirow[t]{2}{*}{ Credit } \\ \hline Cash & $ & 21,000 & \\ \hline Accounts Receivable & & 165,000 & \\ \hline \multicolumn{4}{|l|}{ Inventories: } \\ \hline Raw Materials & & 5,500 & \\ \hline Work-in-Process & & 41,100 & \\ \hline Finished Goods & & 21,300 & \\ \hline Property, Plant, and Equipment & & 240,000 & \\ \hline Accumulated Depreciation & & $ & 78,000 \\ \hline Accounts Payable & & & 131,000 \\ \hline Wages Payable & & & 3,300 \\ \hline Common Stock & & & 145,000 \\ \hline Retained Earnings & & & 136,600 \\ \hline Sales Revenue & & & 0 \\ \hline Cost of Goods Sold & & 0 & \\ \hline Manufacturing Overhead & & 0 & \\ \hline Selling and Administrative Expenses & & 0 & \\ \hline Total & & 493,900 \$ & 493,900 \\ \hline \end{tabular} - Raw Materials Inventory subsidiary ledger: Paper, $4,100; indirect materials, $1,400 - Work-in-Process Inventory subsidiary ledger: Job 120, \$41,100; Job 121, \$0 - Finished Goods Inventory subsidiary ledger: Large Stars, $9,200; Small Stars, $12,100 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 30,2024. 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. a. Collections on account, $140,000 b. Selling and administrative expenses incurred and paid, $27,000 c. Payments on account, $41,000 h. Depreciation on plant and equipment, $3,300 Now record the cost of goods sold related to the sale of all of Job 120 . Now record the cost of goods sold related to the sale of all of Job 120 . I. Adjusted for overallocated or underallocated manufacturing overhead