FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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On May 7, Jernigan Company purchased on account 700 units of raw materials at $21 per unit. During May, raw materials were requisitioned for production as follows: 280 units for Job 200 at $18 per unit and 315 units for Job 305 at $21 per unit.
- Accounts Payable
- Factory
Overhead - Finished Goods
- Materials
- Wages Payable
- Work in Proces
May 7 | fill in the blank e5a440080fed06b_2 | fill in the blank e5a440080fed06b_3 | |
fill in the blank e5a440080fed06b_5 | fill in the blank e5a440080fed06b_6 |
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.
- Accounts Payable
- Factory Overhead
- Finished Goods
- Materials
- Wages Payable
- Work in Process
May 31 | fill in the blank 79fb7dfb8fe0040_2 | fill in the blank 79fb7dfb8fe0040_3 | |
fill in the blank 79fb7dfb8fe0040_5 | fill in the blank 79fb7dfb8fe0040_6 |
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