eBook Show Me How Print Ilem Issuance of Materials On May 7, Salinger Company...
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Accounting
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Issuance of Materials
On May Salinger Company purchased on account units of raw materials at $ per unit. During May, raw materials were requisitioned for production as follows: units for Job at $ per unit and units for Job at $ per unit.
Journalize the entry on May to record the purchase. If an amount box does not require an entry, leave it blank.
May
Accounts Payable
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May Record materials at their total purchase price.
Journalize the entry on May to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank.
May
Materials
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