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Teacher Stars produces stars for elementary teachers to reward the students. Teacher Stars trial balance on Juno 1 follows (Click the icon to view the

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Teacher Stars produces stars for elementary teachers to reward the students. Teacher Stars trial balance on Juno 1 follows (Click the icon to view the trial balanon) June 1 balances in the subsidiary ledgers were as follows Click the icon to view the balances) June transactions are surred as follows Cack the icon to view the transactions Read the Requirement 1. Journakre the transactions for the company (Record bits first, then credits Exclude explanations from any umalt a. Collections on account 5144000 Date Accounts Debit Credit Cash 140000 Accounts Receivable 144000 b. Selling and administrative expenses incurred and paid $20,000 Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the need question Moreno Moon into Raw Mabalinary led Page 4 omaa 400 Wein Procesory 120.541.500.21.30 Wedstryde 1.400 do 16.00 action S000 gende med 520,000 Pamo 53000 d. Ma on 139 sland TELLO . In Wees de 16000 Wapendo - Lag van Je complet during the anth 100 Ledning . ASH and more and 30 000 Ace Det Dime Setromanyetiri the wide and then the Sune 1 the contene) ne talantes we were the tow) Teached the Breda Det CH Account 1 175.000 Requirement 1. Juare the same ideas Coleon on account $14.000 Acco Deble C C 1798000 AV A.com w Od 41.500 2000 270 1. Soling and red and at 25.000 A Det DOM Choose to anyone any number the content Thin Question: 8 pls 2012 (2 complete) June transactions are summarized as follows: (Click the icon to view the transactions.) Teacher Stars produces stars for elementary teachers to reward the students Teacher 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: (Cick the icon to view the balances) Read the cosurements Credit b. Selling and administrative expenses incurred and paid, 520,000 Date Accounts b. Selling and Administrative Expenses Cash Debit 20000 20000 c. Payments on account. $35.000 Date Accounts Debit Credit 20000 C Accounts Payable Cash 200001 Choose from any list or enter any number in the input fields and then continue to the next question d. Materials purchased on credit: Paper 524 500 indirect materials $3.300 (Prepare a single journal entry for this event) Date Accounts Debit Credit e. Materials requisioned and used in production Job 120 Paper 5600. Job 121 Paper 57.550. Indirectes, 51.690 Prepare a shlejomal entry for this event Date Accounts Debit Credit 0. Choose from art or enter any number in the input fields and then continue to the next question 1. Wages incurred during June, 538.000. Labor time records for the month Job 120.54.500Job 121, 517.500 Indirect labor 516,000 (Prepare a single journal entry for this event Date Accounts Debit Credit 9. Wages paid in June include the balance in the Wages Payable account at May 31 plus 535.100 of wages incurred in June Accounts Debit Credit Date h. Depreciation on plant and equipment, 53,300 Date Accounts Debit Credit L. Manufacturing overhead was allocated at the predetermined overhead allocation rate of 90% of direct loborcos Date Accounts Dublt Credit 1. Jobs completed during the month Job 120, 800,000 Large Stars at total cost of $50,650 Date Accounts Debit Credit k. Sales on account all of Job 120 for $120.000 Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this journal entry We will do that in the next step Date Accounts Debit Credit Now record the cost of goods sold related to the sale of all of Job 120 Date Accounts Debit Credit k. 1. Adjusted for overallocated or underallocated manufacturing overhead Date Accounts Debit Credit NA Regment. The head the way yoga along with the Pathom the conting the less Blog with posting the rosa the cho Tweed Kawab Cau 200 Gece 175.000 . June transactions are summarized as follows: (Click the icon to view the transactions Teacher Stars produces stars for elementary teachers to reward their students. Teacher 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) Read the requirements Work In Process Inventory Finished Goods Inventory 20,000 Property, Plant, and Equipment Bal 270,000 Bal 41.500 Bal Accumulated Depreciation 73,000 Bal Accounts Payable 132.000 Bal Wages Payable 1,600 Bal Choose from any list or enter any number in the input Delds and then continue to the next question 781 o O 30 Type here to search 11 Accumulated Depreciation 73 000 Bal Accounts Payable 132.000 Bal Wages Payable 1,600 Bal Common Stock Sales Revenue Retained Earnings 185.200 Bar 142.000 Bal Cost of Goods Sold Manufacturing Overhead Selling and Admin. Expenses Post the transactions to the Raw Materials Inventory subsidiary lodger accounts Key each transaction by transaction letter and calculate the ending balance, "Bal of each account Combine one posti) Paper Indirect Materials Bal 4900 Bal 400 Port the auction to the Work in Process inventory whilary ledger accounts Kuy each transaction by transaction letter and calculate the ending balance "Het of each account for accounts with a muro buta. along with reference on the normal side of the account Job 120 Job 121 BM 41,500 Pout the transactions to the Goods twentory Subsidiary lodge accounts Keychansaction transaction letter and calculate the ending balance Bal of each account Post the transaction to the Finished Goods Inventory subsidiary Indger accounts Key each transaction by transaction letter and calculate the ending balance "Bal" of each account Large stars 9,400 Bal 10.600 Smallstars Bal Requirement 3. Prepare a trial balance at June 30, 2024 Leave both the Debit and Credit.columes blank for account with a balance June 30.) Review the general ledger accounts you prepared in Requirement 2 Teacher Stars any number in the inteles and then continue to the next question Review the general ledger accounts you prepared in Requirement 2. Teacher Stars Trial Balance June 30, 2024 Balance Account Title Debit Credit Cash Accounts Receivable Inventories Raw Materials Work-in-Process Choose from any list or enter any number in the input fields and then continue to the next question Deba Credit Account Title Cach Account create Invention Raw Materials Wonen Process Finished Goods Property Prart and Equipment Accumbed Depreciation Ron Pay Wages Payable Common St Relined Earrings Sales Revenue Cost of Goods Sold Manufacturing Dead Seling and Active Expenses Tots Requirement 4. Use the Work in Process inventory count to prepare a schedule of cost of goods manufactured for the month of June Wh. Review the Work in Process Inventory general ledger account you prepared in Requirement 2 Teacher Star Schedule of Cost of Goods Manufactured Month Ended June 30, 2024 Cost of Goods Manufactured Requirement 5. Prepare an income statement for the month of June Review the trial balance you prepared in Requirement Review the outentry for under located manufacturing over and you prepared in Requirement Teacher Stars Income Statement Month Ended June 30.2024 Requirements. Prepare and for the month of one Review the balalance you prepared in Heement How the journal entry for under located martung.overhead you prepared in Heart Inn En 2014 Cot Goods Sold Grous Post come

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