Stars produces stars for elementary teachers to reward their students. mighty 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 transactions are summarized as follows: (click the icon to view the transactions.) read the requirements . requirement 1. journalize the transactions for the company. (record debits first, then credits. exclude explanations from any journal entries.) a. collections on account, $ 145 comma 000 date accounts debit credit a. cash 145,000 accounts receivable 145,000 b. selling and administrative expenses incurred and paid, $ 32 comma 000 date accounts debit credit b. selling and administrative expenses 32,000 cash 32,000 c. payments on account, $ 39 comma 000 date accounts debit credit c. accounts payable 39,000 cash 39,000