Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the photos at the bottom are the charts I need filled out Homework 4 of 4 (4 complete) Reference ei S: Date Accounts Debit Credit
the photos at the bottom are the charts I need filled out
Homework 4 of 4 (4 complete) Reference ei S: Date Accounts Debit Credit a. 144,000 144,000 ca b. 30,000 a 30,000 c. 45,000 45,000 d. DU 25,000 . Cash Accounts Receivable Selling and Administrative Expenses Cash Accounts Payable Cash Fraw Materials Inventory Accounts Payable Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory Work-in-Process Inventory Manufacturing Overhead Wages Payable Wages Payable Cash 25,000 e. 8,150 1,800 9.950 f. 23,600 16,400 ed 40,000 g. 1,0 40,400 40,400 ut Print Done Reference 9,950 f. Raw Materials Inventory Work-in-Process Inventory Manufacturing Overhead Wages Payable Wages Payable 23,600 16,400 40,000 9. 40,400 Cash 40,400 h. 3,100 3,100 i. 18,880 Manufacturing Overhead Accumulated Depreciation Work-in-Process Inventory Manufacturing Overhead Finished Goods Inventory Work-in-Process Inventory Accounts Receivable 18,880 j. 48,540 48,540 k. 111,000 Sales Revenue 111,000 k. 48,540 Cost of Goods Sold Finished Goods Inventory Cost of Goods Sold Manufacturing Overhead 48,540 I. 2,420 2,420 Print Done tudents. School Stars' trial balance on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) Read the requirements. LA Inven using ps Inventory subsidi * More Info - X ey qad Ich entry by entering with la . wable Raw Materials Inventory subsidiary ledger: Paper, $4,300; indirect materials, $2,000 Work-in-Process Inventory subsidiary ledger: Job 120, $39,400; Job 121, $0 Finished Goods Inventory subsidiary ledger: Large Stars, $9,700; Small Stars, $12,300 Print Done nventory Property, Plant, and Equipment Bal. 280,000 then click Check Answer. mework 4 of 4 (4 complete) heir students School Stars' trial balance on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) Read the requirements. Requirements X erials Invent unts using pds Invent s. Key each ng with a " ich entry eceivable 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 Is Inventory POT Bal. 280,000 and then click Check Answer. Clear All mework 4 of 4 (4 complete) - X - students. Sc Data Table lows: Ins.) Cash $ 24,000 Accounts Receivable 170,000 Goods Inventory 6,300 s Inventory s using the to Cey each trar with a "Bal." st each entry by er 39,400 22,000 280,000 $ 72,000 vable 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 132,000 2,900 140,000 194,800 0 0 0 nventory 0 $ Total 541,700 541,700 $ then click Print Done School Stars produces stars for elementary teachers to reward their students. School 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.) June transactior (Click the ice Read the requir Cash Accounts Receivable Bal. 24,000 Bal 170,000 Raw Materials Inventory 6,300 Bal. Finished Goods Inventory Work-in-Process Inventory Bal. 39,400 Property, Plant, and Equipment Bal. 280,000 Bal. 22.000 Accumulated Depreciation Accounts Payablo Wages Payable Choose from any list or enter any number in the input fields and then click Check Answer. 6 parts remaining Clear All NGCO June 1 balances in the subsidiary ledgers were as follows: Click the icon to view the balances.) Accumulated Depreciation 72,000 Bal. Accounts Payable 132,000 Bal. Wages Payable 2,900 Bal. Common Stock Sales Revenue Retained Earnings 194,800 Bal. 140,000 Bal. Choose from any list or enter any number in the input fields and then click Check Answer. 6 parts remaining Clear All Common Stock Retained Earnings Sales Revenue 140,000 Bal. 194,800 Bal. Cost of Goods Sold Manufacturing Overhead Selling and Admin. Expenses Choose from any list or enter any number in the input fields and then click Check Answer. 6 parts remaining Clear All MacBook Pro Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started