Journalize the entries to record the following transactions: Mar. 10: 500 units of raw materials were purchased on account at $6.50 per unit. Mar. 15: 400 units of raw materials were requisitioned at $7.00 per unit for production, Job 872. Mar. 25: 300 units of raw materials were requisitioned at $6.50 per unit for production, Job 879. If an amount box does not require an entry, leave it blank.   Mar. 10               Mar. 15               Mar. 25

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 12PA: The following data summarize the operations during the year. Prepare a journal entry for each...
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Journalize the entries to record the following transactions:

  1. Mar. 10: 500 units of raw materials were purchased on account at $6.50 per unit.
  2. Mar. 15: 400 units of raw materials were requisitioned at $7.00 per unit for production, Job 872.
  3. Mar. 25: 300 units of raw materials were requisitioned at $6.50 per unit for production, Job 879.

If an amount box does not require an entry, leave it blank.

 

Mar. 10      
       
Mar. 15      
       
Mar. 25      
       
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