Gabrus Company produces a product in two departments: (1) Cooking and (2) Finishing. The company uses a process cost accounting system. Accounting Transactions No. Transactions (A) Purchased $60,000 of raw materials for half cash and the rest on account. (B) Units costing $66,000 were completed in the Cooking Department and were transferred to the Finishing Department. Prepare the journal entries to record the preceding transactions for BNC Company. . List debit transactions first and then list credit transactions.General Journals Account Titles and No. Debit ($) Credit ($) Explanation (A) [ Select ] [ Select ] Cash [ Select ] [ Select ] [ Select ] To record purchase of materials (B [ Select ] V [ Select ] [ Select ] [ Select ] To record transfer of units to the Finishing Department