Date Title Lone Star produces stars for comentary teachers to reward the dents. Lone Stars'tance en aneto Click the icon to view the trial balance June 1 bulances in the subsidiary lodgers were as follow Click the icon to view the balances) Juneri www cik ne kon Loan Inalam June 1, 2018 Requirement 1. Journace the transactions for the comery. Record stre, terett Exclude on to any a. Collections on account 5140.000 Accounts Credit Account Balance Deon 15.000 Debe Account 5.000 Hamm Wurs 6. Sandrave penanda T000 Date Account 26 200.000 De Crede Prawo ed 12.000 Ww PV D Choose from any tento any numbers out to and the contention NU Inventories: Raw Materials 5,600 Work-in-Process Finished Goods 41,100 21,000 290,000 $ Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock 73,000 128.000 2.900 141.000 212.800 0 Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses 0 0 0 $ 557,700 $ 557,700 Total Lone Stars produces stars for elementary teachers to reward their students. Lone 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.) d. Materials purchased on credit: Paper, $27.700; indirect materials, $4,000 (Prepare a single journal entry for this event.) Date Accounts Debit Credit d. e. Materials requisitioned and used in production: Job 120: Paper, 5000, Job 121. Paper, 37,000. Indirect materials, $1,000 (Prepare a single journal en Date Accounts Debit Credit e. f. Wages incurred during June, 534,000. Labor time records for the month Job 120.54.250. Job 121, $18,300, indirect labor, $11,450 (Prepare a single Date Accounts Debit Credit f Lone Stars produces stars for elementary teachers to reward their students. Lone 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.) Cash Accounts Receivable Raw Materials Inventory Bal 15,000 Bal. 185,000 Bal 5,600 Work-in-Process Inventory 41.100 Finished Goods Inventory Bal 21.000 Property, Plant, and Equipment 200,000 Bal Bal Accumulated Depreciation 73,000 Bal Accounts Payable 128.000 Bal Wages Payable 2.000 Bal. Choose from any list or enter any number in the input fields and then continue to the next question - X More Info Raw Materials Inventory subsidiary ledger: Paper, $4,400. indirect materials, $1.200 Work-in-Process Inventory subsidiary ledger: Job 120.541.100: Job 121. SO Finished Goods Inventory subsidiary ledger: Large Stars, $9.400: Small Stars. $11,600 Print Done Read the requirements. 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 Date Title Lone Star produces stars for comentary teachers to reward the dents. Lone Stars'tance en aneto Click the icon to view the trial balance June 1 bulances in the subsidiary lodgers were as follow Click the icon to view the balances) Juneri www cik ne kon Loan Inalam June 1, 2018 Requirement 1. Journace the transactions for the comery. Record stre, terett Exclude on to any a. Collections on account 5140.000 Accounts Credit Account Balance Deon 15.000 Debe Account 5.000 Hamm Wurs 6. Sandrave penanda T000 Date Account 26 200.000 De Crede Prawo ed 12.000 Ww PV D Choose from any tento any numbers out to and the contention NU Inventories: Raw Materials 5,600 Work-in-Process Finished Goods 41,100 21,000 290,000 $ Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock 73,000 128.000 2.900 141.000 212.800 0 Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses 0 0 0 $ 557,700 $ 557,700 Total Lone Stars produces stars for elementary teachers to reward their students. Lone 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.) d. Materials purchased on credit: Paper, $27.700; indirect materials, $4,000 (Prepare a single journal entry for this event.) Date Accounts Debit Credit d. e. Materials requisitioned and used in production: Job 120: Paper, 5000, Job 121. Paper, 37,000. Indirect materials, $1,000 (Prepare a single journal en Date Accounts Debit Credit e. f. Wages incurred during June, 534,000. Labor time records for the month Job 120.54.250. Job 121, $18,300, indirect labor, $11,450 (Prepare a single Date Accounts Debit Credit f Lone Stars produces stars for elementary teachers to reward their students. Lone 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.) Cash Accounts Receivable Raw Materials Inventory Bal 15,000 Bal. 185,000 Bal 5,600 Work-in-Process Inventory 41.100 Finished Goods Inventory Bal 21.000 Property, Plant, and Equipment 200,000 Bal Bal Accumulated Depreciation 73,000 Bal Accounts Payable 128.000 Bal Wages Payable 2.000 Bal. Choose from any list or enter any number in the input fields and then continue to the next question - X More Info Raw Materials Inventory subsidiary ledger: Paper, $4,400. indirect materials, $1.200 Work-in-Process Inventory subsidiary ledger: Job 120.541.100: Job 121. SO Finished Goods Inventory subsidiary ledger: Large Stars, $9.400: Small Stars. $11,600 Print Done Read the requirements. 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