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Alpha Company purchased, on account, 3,500 pounds of raw materials at $11 per pound on January 2, 2017. The production manager requisitioned and received 2,500
Alpha Company purchased, on account, 3,500 pounds of raw materials at $11 per pound on January 2, 2017. The production manager requisitioned and received 2,500 pounds of raw material into production on January 15. Use this information to prepare the General Journal entries (without explanation) for January 2 and January 15. If no entry is required then write "No Entry Required."
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