Record the journal entries for the following transactions: March 10: 500 units of raw materials were purchased on account at $6.00 per unit. March 15: 400 units of raw materials were requisitioned at $6.50 per unit for production, Job 872. March 25: 300 units of raw materials were requisitioned at $6.00 per unit for production, Job 879. March 10 fill in the blank 2 fill in the blank 4 March 15 fill in the blank 6 fill in the blank 8 March 25 fill in the blank 10 fill in the blank 12
Record the journal entries for the following transactions: March 10: 500 units of raw materials were purchased on account at $6.00 per unit. March 15: 400 units of raw materials were requisitioned at $6.50 per unit for production, Job 872. March 25: 300 units of raw materials were requisitioned at $6.00 per unit for production, Job 879. March 10 fill in the blank 2 fill in the blank 4 March 15 fill in the blank 6 fill in the blank 8 March 25 fill in the blank 10 fill in the blank 12
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter2: Accounting For Materials
Section: Chapter Questions
Problem 5E: Recording materials transactions Prepare a journal entry to record each of the following materials...
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Question
Record the
- March 10: 500 units of raw materials were purchased on account at $6.00 per unit.
- March 15: 400 units of raw materials were requisitioned at $6.50 per unit for production, Job 872.
- March 25: 300 units of raw materials were requisitioned at $6.00 per unit for production, Job 879.
March 10 | fill in the blank 2 | ||
fill in the blank 4 | |||
March 15 | fill in the blank 6 | ||
fill in the blank 8 | |||
March 25 | fill in the blank 10 | ||
fill in the blank 12 |
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