Homework: Chapter 17 Homework HW Sce Score: 0 of 8 pts 401 4 (1 complete) P17-32A (similar to) Teacher Stais produces stars for elementary teachers to reward their students June transactions are summarized as follows Teacher Stars' trial balance on June 1 follows (Click the icon to view the transactions.) Click the icon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Read the requirements (Click the icon to view the balances.) Requirement 1. Journalte the transactions for the company. (Record debits first, then credits Exclude explanations from any journal entries a. Collections on account, $154,000 Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer CH Clear Al 19 Parts remaining More info o B! C here to search hp & 9 00 7 5 3 P E R. . j H F .. -X Data Table lows: ns.) or element June 1 folid trial balance ary ledgers balances.) Trial Balance June 1, 2018 journal entries e transaction Balance Debit Credit 54,000 Account Title $ 20,000 180,000 Cash Accounts Receivable Inventories Raw Materials Work-in-Process Finished Goods 5,500 42,500 22,800 cer any numbe Print Done Chec 3 o hp ho hapter 17 Homework 4 of 4 (1 complete) HW Data Table - X - lows: Ins.) er element June 1 folie ial balance ty ledgers malances.) 42,500 22,800 240,000 transaction journal entrie ,000 $ 72,000 Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue 127,000 1,800 142,000 168,000 0 Cost of Goods Sold 0 any numb Print Done Ch Chapter 17 Homework 4 of 4 (1 complete) HY to) - X 1 Data Table lows: ns.) tars for element be on June 1 folle w the trial balanc bsidiary ledgers v the balances.) $ 72,000 127,000 1,800 journal en ze the transaction Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue 142,000 $154,000 168,000 0 0 0 Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses 0 $ 510,800 $ 510,800 Total enter any numbe Print Done o RI CH hp to) June transactions are summarized as follows (Click the icon to view the transactions.) ars for elementary teachers to reward their students. e on June 1 follows: the trial balance) sidiary ledgers were as follows: the balang Read the requirements -X hal entries.) i More Info the trans 5154,000 Raw Materials Inventory subsidiary ledger Paper, $4,700, indirect materials, $800 Work-in-Process Inventory subsidiary ledger. Job 120, $42,500, Job 121. $0 Finished Goods Inventory subsidiary ledger Large Stars, $9, 200, Small Stars, $13,600 N Print Done ter any n Check Answe Clear All III O (Click the icon to view the transactions.) Read the requirements. oduces stars for elementary teachers to reward their soul al balance on June 1 follows: -n to view the trial balance.) in the subsidiary ledgers were as follows: in to v Journe i More Info X acool a. Collections on account, $154,000. b. Selling and administrative expenses incurred and paid, $27.000 C. Payments on account, $37.000. d. Materials purchased on account: Paper, $21,600 indirect materials, $4,100. Materials requisitioned and used in production e. lista Job 120: Paper $ 700 Job 121: Paper $ 7,550 Indirect materials, $ 1,500 Wages incurred during June, $41,000. Labor time records for the month: Job 120, $4,500; Job 121, $17.500. indirect labor. $19.000 f. info OL o hD 4 014) pts Question He similar to) -X ro ria i More Info con con na Job 120: Paper, $ 700 Job 121: Paper $ 7,550 Indirect materials $ 1,500 f. Wages incurred during June, $41,000. Labor time records for the month Job 120, $4,500; Job 121, $17,500; indirect labor, $19.000. g. Wages paid in June include the balance in the Wages Payable at May 31 plus $37.900 of wages incurred during June h. Depreciation on plant and equipment, $3,100. i. Manufacturing overhead allocated at the predetermined overhead allocation rate of 90% of direct labor costs J. Jobs completed during the month Job 120 with 900,000 Large Stars at a total cost of $51,750 k. Sales on account: all of Job 120 for $100.000, I. Adjusted for overallocated or underallocated manufacturing overhead. ny Print Done e info core: 0 of 8 pts 17-32A (similar to) Teacher Stars produces stars for elementary teachers to reward their students. June transactions are summarized as follows: Teacher Stars' trial balance on June 1 follows: (Click the icon to view the transactions.) (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Read the requirements. (Click the icon to view the balances.) Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Exclude explanations from any journal ent- a. Collections on account, $154,000 Debit Accounts Credit Date a Clear All Choose from any list or enter any number in the input fields and then click Check Answer 19 parts remaining More info o to search