follows: core: 1.13 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June Data Table 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 1, 2018 Balance a Collections on account, $155,000 Account Title Debit Credit Date Accounts Debit Credit Cash $ 15,000 a Cash 155,000 Accounts Receivable 155,000 Accounts Receivable 155,000 Inventories: Raw Materials 5,500 Work-in-Process 41,000 b. Selling and administrative expenses incurred and paid $28,000 Finished Goods 21,500 Date Accounts PropertyPlant, and Equipment 280.000 Credit b. seling and Administrative Expenses Accumulated Depreciation $ 28,000 74,000 Cash Accounts Payable 126,000 28,000 Wagos Payable 1.700 Common Stock 146,000 Retained Earnings c. Payments on account, $40,000 170,300 Sales Revenue 0 Date Accounts Debit Credit Cost of Goods Sold c. Accounts Payable 40,000 Manufacturing Overhead 0 Cash 40,000 Selling and Administrative Expenses Total $ 518,000 $ 518,000 Debit 0 Choose from any list or enter any number in the input fields and then click Check Answer Print Done 7 parts remaining MacBook Pro re: 1.13 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) hool Stars produces stars for elementary teachers to reward their students. School Stars" trial balance on June Data Table lows: (Click the icon to view the trial balance.) ne 1 balances in the subsidiary ledgers were as follows: (Click the icon to view the balances) June 1, 2018 Date Accounts Debit Credit Account Title c. Accounts Payable Cash 40,000 Balance Dobit Credit 15,000 155,000 Cash $ 40,000 5,500 Materials purchased on credit: Paper, $24,500; indirect materials, $3,300 (Prepare a single journal entry for this Date Accounts Debit Credit d. Raw Materials Inventory 27,800 Accounts Payable 27.800 41,000 21.500 280,000 $ Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Seling and Administrative Expenses Total 74,000 126,000 1,700 145,000 170,300 Debit Credit 0 - Materials requisitioned and used in productions: Job 120: Paper, 5850, Job 121: Paper, $7,000, Indirect material Date Accounts Work-in-Process inventory 8.450 Manufacturing Overhead 1.700 Raw Materiais Inventory 10,150 e. 0 0 0 $ 518,000 $ 518,000 Choose from any list or enter any number in the input fields and then click Check Answer. Print Done 7 Parts remaining Data Table P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 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 1, 2018 Date Debit Credit Account Title Balance Debit Credit 15,000 155,000 1. Cash Accounts Work-in-Process Inventory Manufacturing Overhead Wages Payable S 23,450 10,550 34.000 5,500 41,000 21,500 280,000 Date Debit g. Wages paid in June include the balance in the Wages Payable account at May 31 plus $31,300 of wages incur Accounts Wages Payable 33,000 33,000 Credit 9. $ Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property. Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses Total 74.000 120.000 1.700 146,000 170,300 0 h. Depreciation on plant and equipment, $2,700 Date Accounts th Manufacturing Overhead Accumulated Depreciation Credit Debit 2,700 0 2.700 0 0 518,000 $ 518.000 Choose from any list or enter any number in the input fields and then click Check Answer, 7 Print Done parts remaining UTAP core: 1.13 of 5 pts 4 of 4 (4 complete) Data Table P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students. School Stars' trial balance on June 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 1, 2018 Date Accounts Debit Credit - 14,070 Balance Debit Credit 15,000 155,000 Work-in-Process Inventory Manufacturing Overhead $ 14,070 1. Jobs completed during the month: Job 120, 300,000 Large Stars at total cost of 548,650 Date Accounts Debit Finished Goods Inventory 48,650 Work in Process inventory 500 41,000 21,500 280,000 Credit S 48,650 Account Title Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Seling and Administrative Expenses Total 74,000 125,000 1.700 148.000 170,300 0 Sales on account all of Job 120 for $100,000 Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this jo Date Accounts Debit Credit Accounts Receivable 100,000 Sales Revenue 100,000 0 0 518,000 $ 518,000 Choose from any list or enter any number in the input fields and then click Check Answer Print Done 7 parts remaining Data Table EP17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 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.) Accounts Credit Accounts Receivable 100,000 Sales Revenue 100,000 June 1, 2018 Date Debit k Balance Debit Credit 15.000 155,000 $ 5,500 41,000 21,500 280,000 Now record the cost of goods sold related to the sale of all of Job 120. Date Accounts k. Cost of Goods Sold Finished Goods Inventory Debit Credit 48,650 Account Title Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property. Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses $ 74,000 48,650 126,000 1,700 146,000 170,300 L. Adjusted for overallocated or underallocated manufacturing overhead. Date Accounts Cost of Goods Sold Manufacturing Overhead Debit Credit 0 0 0 0 S Total 518,000 $ 518,000 Choose from any list of enter any number in the input fields and then click Chark Answer follows: core: 1.13 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June Data Table 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 1, 2018 Balance a Collections on account, $155,000 Account Title Debit Credit Date Accounts Debit Credit Cash $ 15,000 a Cash 155,000 Accounts Receivable 155,000 Accounts Receivable 155,000 Inventories: Raw Materials 5,500 Work-in-Process 41,000 b. Selling and administrative expenses incurred and paid $28,000 Finished Goods 21,500 Date Accounts PropertyPlant, and Equipment 280.000 Credit b. seling and Administrative Expenses Accumulated Depreciation $ 28,000 74,000 Cash Accounts Payable 126,000 28,000 Wagos Payable 1.700 Common Stock 146,000 Retained Earnings c. Payments on account, $40,000 170,300 Sales Revenue 0 Date Accounts Debit Credit Cost of Goods Sold c. Accounts Payable 40,000 Manufacturing Overhead 0 Cash 40,000 Selling and Administrative Expenses Total $ 518,000 $ 518,000 Debit 0 Choose from any list or enter any number in the input fields and then click Check Answer Print Done 7 parts remaining MacBook Pro re: 1.13 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) hool Stars produces stars for elementary teachers to reward their students. School Stars" trial balance on June Data Table lows: (Click the icon to view the trial balance.) ne 1 balances in the subsidiary ledgers were as follows: (Click the icon to view the balances) June 1, 2018 Date Accounts Debit Credit Account Title c. Accounts Payable Cash 40,000 Balance Dobit Credit 15,000 155,000 Cash $ 40,000 5,500 Materials purchased on credit: Paper, $24,500; indirect materials, $3,300 (Prepare a single journal entry for this Date Accounts Debit Credit d. Raw Materials Inventory 27,800 Accounts Payable 27.800 41,000 21.500 280,000 $ Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Seling and Administrative Expenses Total 74,000 126,000 1,700 145,000 170,300 Debit Credit 0 - Materials requisitioned and used in productions: Job 120: Paper, 5850, Job 121: Paper, $7,000, Indirect material Date Accounts Work-in-Process inventory 8.450 Manufacturing Overhead 1.700 Raw Materiais Inventory 10,150 e. 0 0 0 $ 518,000 $ 518,000 Choose from any list or enter any number in the input fields and then click Check Answer. Print Done 7 Parts remaining Data Table P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 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 1, 2018 Date Debit Credit Account Title Balance Debit Credit 15,000 155,000 1. Cash Accounts Work-in-Process Inventory Manufacturing Overhead Wages Payable S 23,450 10,550 34.000 5,500 41,000 21,500 280,000 Date Debit g. Wages paid in June include the balance in the Wages Payable account at May 31 plus $31,300 of wages incur Accounts Wages Payable 33,000 33,000 Credit 9. $ Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property. Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses Total 74.000 120.000 1.700 146,000 170,300 0 h. Depreciation on plant and equipment, $2,700 Date Accounts th Manufacturing Overhead Accumulated Depreciation Credit Debit 2,700 0 2.700 0 0 518,000 $ 518.000 Choose from any list or enter any number in the input fields and then click Check Answer, 7 Print Done parts remaining UTAP core: 1.13 of 5 pts 4 of 4 (4 complete) Data Table P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students. School Stars' trial balance on June 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 1, 2018 Date Accounts Debit Credit - 14,070 Balance Debit Credit 15,000 155,000 Work-in-Process Inventory Manufacturing Overhead $ 14,070 1. Jobs completed during the month: Job 120, 300,000 Large Stars at total cost of 548,650 Date Accounts Debit Finished Goods Inventory 48,650 Work in Process inventory 500 41,000 21,500 280,000 Credit S 48,650 Account Title Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Seling and Administrative Expenses Total 74,000 125,000 1.700 148.000 170,300 0 Sales on account all of Job 120 for $100,000 Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this jo Date Accounts Debit Credit Accounts Receivable 100,000 Sales Revenue 100,000 0 0 518,000 $ 518,000 Choose from any list or enter any number in the input fields and then click Check Answer Print Done 7 parts remaining Data Table EP17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 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.) Accounts Credit Accounts Receivable 100,000 Sales Revenue 100,000 June 1, 2018 Date Debit k Balance Debit Credit 15.000 155,000 $ 5,500 41,000 21,500 280,000 Now record the cost of goods sold related to the sale of all of Job 120. Date Accounts k. Cost of Goods Sold Finished Goods Inventory Debit Credit 48,650 Account Title Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Property. Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses $ 74,000 48,650 126,000 1,700 146,000 170,300 L. Adjusted for overallocated or underallocated manufacturing overhead. Date Accounts Cost of Goods Sold Manufacturing Overhead Debit Credit 0 0 0 0 S Total 518,000 $ 518,000 Choose from any list of enter any number in the input fields and then click Chark