In January, Pharoah Company requisitions raw materials for production as follows: Job 1 $1,040, Job 2 $1,280, Job 3 $720, and general factory use $640. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 K Debit Credit
In January, Pharoah Company requisitions raw materials for production as follows: Job 1 $1,040, Job 2 $1,280, Job 3 $720, and general factory use $640. Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 K Debit Credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![In January, Pharoah Company requisitions raw materials for production as follows: Job 1$1,040, Job 2$1,280, Job 3720, and general factory use $640. Prepare a summary journal entry to record raw materials used. (List all debit
entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7674b9a2-7e89-4185-9b24-7da401fd79b9%2F136f1ecf-ca3e-424f-a211-944c9d3d8b0a%2Fqjw2q1_processed.png&w=3840&q=75)
Transcribed Image Text:In January, Pharoah Company requisitions raw materials for production as follows: Job 1$1,040, Job 2$1,280, Job 3720, and general factory use $640. Prepare a summary journal entry to record raw materials used. (List all debit
entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31
![In January, Pharoah Company requisitions raw materials for production as follows: Job 1 $1,040, Job 2 $1,280, Job 3 $720, and
general factory use $640.
Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are
automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation
Jan. 31
Debit
Credit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7674b9a2-7e89-4185-9b24-7da401fd79b9%2F136f1ecf-ca3e-424f-a211-944c9d3d8b0a%2F5hk8dx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In January, Pharoah Company requisitions raw materials for production as follows: Job 1 $1,040, Job 2 $1,280, Job 3 $720, and
general factory use $640.
Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are
automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation
Jan. 31
Debit
Credit
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