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2) Record the journal entries for the following transactions: (2 marks) March 10: 500 units of raw materials were purchased on account at $4.00 per
2) Record the journal entries for the following transactions: (2 marks)
- March 10: 500 units of raw materials were purchased on account at $4.00 per unit.
- March 15: 250 units of raw materials were requisitioned at $4.50 per unit for production, Job 872.
- March 25: 215 units of raw materials were requisitioned at $5.00 per unit for production, Job 879.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
