Austin Company had the following transactions in October (Click the icon to view the transactions.) Prepare the journal entries for Austin Company. (Record debits first, then credits. Exclude explanations from any journal entries.) 1. Purchased raw materials on account, $90,000 Date Accounts Debit Credit K Austin Company had the following transactions in October (Click the icon to view the transactions.) Pr More Info urnal entries for Austin Company. (Record debits first, then credits. Exclude explanations 1. Purchased raw materials on account, $90,000 More info 1. Purchased raw materials on account, $90,000 Used materials in production: $23,000 in the Mixing Department; $6,000 in the Packaging 2. Department; $1,300 in indirect materials Incurred labor costs: $7,000 in the Mixing Department; $6,500 in the Packaging 3. Department; $2,300 in indirect labor Incurred manufacturing overhead costs: $5,000 in machinery depreciation; paid $2,000 for 4. rent and $1,730 for utilities