Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Note: Assume,...

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Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Note: Assume, purchase of raw materials is on account. Beginning raw materials Purchases of raw materials Raw materials issued Materials requisition 1445 Materials requisition 1446 Materials requisition 1447 Required: $ 11,100 120,000 1. & 2. Prepare the journal entries for materials. 41,500 For Job 101 31,000 For Job 102 15,000 Used on multiple jobs Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet A B Record the purchase of raw materials on account. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Journal entry worksheet < A B Record the issuance of raw materials to production. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Note: Assume, purchase of raw materials is on account. Beginning raw materials Purchases of raw materials Raw materials issued Materials requisition 1445 Materials requisition 1446 Materials requisition 1447 Required: $ 11,100 120,000 1. & 2. Prepare the journal entries for materials. 41,500 For Job 101 31,000 For Job 102 15,000 Used on multiple jobs Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet A B Record the purchase of raw materials on account. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Journal entry worksheet < A B Record the issuance of raw materials to production. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit