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Issuance of Materials On August 4, Carrothers Company purchased on account 320 units of materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 141 units for Job 50 at $11 per unit and 154 units for Job 56 at $14 per unit. Journalize the entry on August 4 to record the purchase. If an amount box does not require an entry, leave it blank. Aug. 4 188 Journalize the entry on August 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank Aug. 31 I

Issuance of Materials On August 4, Carrothers Company purchased on account 320 units of materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 141 units for Job 50 at $11 per unit and 154 units for Job 56 at $14 per unit. Journalize the entry on August 4 to record the purchase. If an amount box does not require an entry, leave it blank. Aug. 4 188 Journalize the entry on August 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank Aug. 31 I

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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karan

subject-Accounting

Issuance of Materials On August 4, Carrothers Company purchased on account 320 units of materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 141 units for Job 50 at $11 per unit and 154 units for Job 56 at $14 per unit. Journalize the entry on August 4 to record the purchase. If an amount box does not require an entry, leave it blank. Aug. 4 188 Journalize the entry on August 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank Aug. 31. I
Transcribed Image Text:Issuance of Materials On August 4, Carrothers Company purchased on account 320 units of materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 141 units for Job 50 at $11 per unit and 154 units for Job 56 at $14 per unit. Journalize the entry on August 4 to record the purchase. If an amount box does not require an entry, leave it blank. Aug. 4 188 Journalize the entry on August 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank Aug. 31. I
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