Issuance of Materials On May 7, Keenan Company purchased on account 760 units of raw...
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Accounting
Issuance of Materials
On May 7, Keenan Company purchased on account 760 units of raw materials at $12 per unit. During May, raw materials were requisitioned for production as follows: 319 units for Job 200 at $9 per unit and 327 units for Job 305 at $12 per unit.
Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank.
May 7 | fill in the blank f9b428fd1fec021_2 | fill in the blank f9b428fd1fec021_3 | |
fill in the blank f9b428fd1fec021_5 | fill in the blank f9b428fd1fec021_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.
May 31 | fill in the blank 84425307c01f01f_2 | fill in the blank 84425307c01f01f_3 | |
fill in the blank 84425307c01f01f_5 | fill in the blank 84425307c01f01f_6 |
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