Question
1.March 10: 300 units of raw materials were purchased on account at $7 per unit.2.March 15: 200 units of raw materials were requisitioned at $7.50
1.March 10: 300 units of raw materials were purchased on account at $7 per unit.2.March 15: 200 units of raw materials were requisitioned at $7.50 per unit for production, Job 872.3.March 25: 100 units of raw materials were requisitioned at $7 per unit for production, Job 879.Required:Record the journal entries for the above transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
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