Fairfield Companys raw materials inventory transactions for the most recent month are summarized here: Note: Assume, purchase of raw materials is on account.

Beginning raw materials$ 11,400Purchases of raw materials107,000Raw materials issuedMaterials requisition 144547,000For Job 101Materials requisition 144632,000For Job 102Materials requisition 144712,500Used on multiple jobs

Required:

1. & 2. Prepare the journal entries for materials.

Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.