Question: Data table Question 2, P19-32A (similar to) Data table Aceounts Recelvable Raw Materlals Inventory Becounts Receivable Wages Payable 1,700 Bal. 1,700 Bal. Retained Eamings Sales





Data table Question 2, P19-32A (similar to) Data table Aceounts Recelvable Raw Materlals Inventory Becounts Receivable Wages Payable 1,700 Bal. 1,700 Bal. Retained Eamings Sales Revenue Selling and Admin. Expenses Clear ali Requirements 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 joumal entries to the T-accounts using the transaction letters as a reference. 3. Prepare a trial balance at June 30,2016. 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. Mighties Stars produces stars for elementary teachers to reward their students. Mighties 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.) Data table Question 2, P19-32A (similar to) Data table Aceounts Recelvable Raw Materlals Inventory Becounts Receivable Wages Payable 1,700 Bal. 1,700 Bal. Retained Eamings Sales Revenue Selling and Admin. Expenses Clear ali Requirements 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 joumal entries to the T-accounts using the transaction letters as a reference. 3. Prepare a trial balance at June 30,2016. 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. Mighties Stars produces stars for elementary teachers to reward their students. Mighties 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.)
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