Issuance of Materials On August 4, Salinger Company purchased on account 420 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 151 units for Job 40 at $10 per unit and 202 units for Job 42 at $14 per unit. Journalize the entry on August 4 to record the purchase. Aug. 4 Journalize the entry on August 31 to record the requisition from the materials storeroom. Aug. 31
Issuance of Materials On August 4, Salinger Company purchased on account 420 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 151 units for Job 40 at $10 per unit and 202 units for Job 42 at $14 per unit. Journalize the entry on August 4 to record the purchase. Aug. 4 Journalize the entry on August 31 to record the requisition from the materials storeroom. Aug. 31
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![**Issuance of Materials**
On August 4, Salinger Company purchased on account 420 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 151 units for Job 40 at $10 per unit and 202 units for Job 42 at $14 per unit.
**Journalize the entry on August 4 to record the purchase.**
- *August 4:*
- [Drop-down for Account Title] [Debit Amount]
- [Drop-down for Account Title] [Credit Amount]
**Journalize the entry on August 31 to record the requisition from the materials storeroom.**
- *August 31:*
- [Drop-down for Account Title] [Debit Amount]
- [Drop-down for Account Title] [Credit Amount]
*Note:* The drop-down lists indicate where you select account titles needed for journal entries, and the blank boxes are for entering the respective amounts.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55f0052a-9d0d-41a8-9339-203ce40e3605%2F4ad3840f-d093-4d86-9da9-8bc01be12ca6%2Fsu5ol3b_processed.png&w=3840&q=75)
Transcribed Image Text:**Issuance of Materials**
On August 4, Salinger Company purchased on account 420 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 151 units for Job 40 at $10 per unit and 202 units for Job 42 at $14 per unit.
**Journalize the entry on August 4 to record the purchase.**
- *August 4:*
- [Drop-down for Account Title] [Debit Amount]
- [Drop-down for Account Title] [Credit Amount]
**Journalize the entry on August 31 to record the requisition from the materials storeroom.**
- *August 31:*
- [Drop-down for Account Title] [Debit Amount]
- [Drop-down for Account Title] [Credit Amount]
*Note:* The drop-down lists indicate where you select account titles needed for journal entries, and the blank boxes are for entering the respective amounts.
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