FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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In January, Knox Company requisitions
raw materials for production as follows:
Job 1 $976, Job 2 $1,430, Job 3 $728, and
general factory use $634.
Prepare a summary journal entry to record
raw materials used.
Date
Jan. 31
Account Titles and Explanation Debit Credit
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Transcribed Image Text:In January, Knox Company requisitions raw materials for production as follows: Job 1 $976, Job 2 $1,430, Job 3 $728, and general factory use $634. Prepare a summary journal entry to record raw materials used. Date Jan. 31 Account Titles and Explanation Debit Credit
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