wwwwwwwwwww web that we were as we Conto) Requirement to the concord there on your 140 Acours De Credit Read the requirements. d debit 1 Requirements X 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 Choo Answer 1 of 1 (0 complete) nentary teachers to reward their students. Hoy i Data Table x lows: ns.) balance.) edgers were as follows: ances.) Howie Stars Trial Balance June 1, 2018 nsactions for the company. (Record debits first 0 Balance Debit Credit Accounts $ 24,000 170,000 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 Rotained Earnings Sales Revenue 6,100 41,500 20,000 300,000 72,000 130,000 1,800 140,000 217,800 0 any number in the input fields and then click Print Dono of 27 pts 1 of 1 (0 complete) x lows: ns.) UUDI Cream $ 24,000 170,000 2A (similar to) Ears produces stars for elementary teachers to reward their students. Hol Data Table sk the icon to view the trial balance) balances in the subsidiary ledgers were as follows: ACCOUNT THEID ck the icon to view the balances) Cash Accounts Receivable ement 1. Journalize the transactions for the company. (Record debits first Inventories: actions on account, $154,000 Raw Materials ate Accounts Work-in-process Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Eamings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses Total $ hoose from any list or enter any number in the input fields and then click Print Done remaining 6.100 41.500 20,000 300,000 72,000 130.000 1,800 140,000 217,800 0 0 0 0 561,600 S 561,600 9 PM reward their students. Howie Stars' trial balance on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) WS: Read the requirements. mpany. (Record debits first, then credits. Exclude explanations from any journal entries.) 1 More Info X . Raw Materials Inventory subsidiary ledger: Paper, $4,900; indirect materials, $1,200 Work-in-Process Inventory subsidiary ledger: Job 120, $41,500; Job 121.50 Finished Goods Inventory subsidiary ledger: Large Stars, $9,600; Small Stars, $10,400 Print Done 1 of 1 (0 complete Rementary teachers to reward their students. Howie Stars' trial balance on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) al balance.) y ledgers were as follows alances.) i More Info - transactions for the compl 3,000 Accounts a. Collections on account, $154,000 b. Selling and administrative expenses incurred and paid, $31,000. c. Payments on account, $35,000 d. Materials purchased on account: Paper, $26,600; indirect materials, $5,100. e. Materials requisitioned and used in production: Job 120: Paper, $ 900 Job 121: Paper, $ 7,650 Indirect materials, $ 1.900 f. Wages incurred during June, $34,000. Labor time records for the month: Job 120, $3,500; Job 121.516,500; indirect labor, $14,000. g. Wages paid in June include the balance in the Wages Payable at May 31 plus $32,000 of wages incurred during June. h. Depreciation on plant and equipment, $2,900. L. Manufacturing overhead allocated at the predetermined overhead allocation rate of 80% of direct labor costs J. Jobs completed during the month: Job 120 with 200,000 Large Stars at a total cost of $48,700 k. Sales on account: all of Job 120 for $100,000. I. Adjusted for overallocated or underallocated manufacturing overhead. Print Done nter any number in the input fields and then click Check Answer Clour All