Kid Stars produces stars for elementary teachers to reward their students. Kid 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.) Kid Stars Trial Balance June 1, 2024 Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Exclude explanations from any journal entries.) Balance a. Collections on account. $153,000 Account Title Debit Credit Date Accounts Debit Credit Cash S 21,000 a. 185.000 Accounts Receivable Inventories: : Raw Materials 6,100 43,000 b. Selling and administrative expenses incurred and paid, $33,000 21.500 Date Accounts Debit Credit 230,000 Work-in-Process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable $ 77,000 b. 135,000 2,500 141,000 151,100 c. Payments on account, $40,000 Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead 0 Date Accounts Debit Credit 0 0 C. 0 Selling and Administrative Expenses Total S 506,600 $ 506,600 d. Materials purchased on credit: Paper, $21,600; indirect materials, $5,000 (Prepare a single journal entry for this event.) Print Done Date Accounts Debit Credit d