Print Item Issuance of Materials On May 7, Bergan Company purchased on account 10,000 units of raw materials at $8 per unit. During May, raw materials were requisitioned for production as follows: 7,500 units for Job 200 at $8 per unit and 1,480 units for Job 305 at $5 per unit. Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank. May 7 Journalize the entry on May 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank. May 31

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kingsford Furnishings Compan x
ssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse
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Print Item
Issuance of Materials
On May 7, Bergan Company purchased on account 10,000 units of raw materials at $8 per unit. During May, raw materials were requisitioned for production as follows:
7,500 units for Job 200 at $8 per unit and 1,480 units for Job 305 at $5 per unit.
Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank.
38
May 7
Journalize the entry on May 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank.
88
May 31
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Transcribed Image Text:Kingsford Furnishings Compan x ssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse еВook Show Me How Print Item Issuance of Materials On May 7, Bergan Company purchased on account 10,000 units of raw materials at $8 per unit. During May, raw materials were requisitioned for production as follows: 7,500 units for Job 200 at $8 per unit and 1,480 units for Job 305 at $5 per unit. Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank. 38 May 7 Journalize the entry on May 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank. 88 May 31 Next Previous
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