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Gear Packs manufactures backpacks. Its plant records include the following materials-related data: LOADING...(Click the icon to view the transactions.) Journalize the entries to record the
Gear Packs manufactures backpacks. Its plant records include the following materials-related data: LOADING...(Click the icon to view the transactions.) Journalize the entries to record the transactions, post to the Raw Materials Inventory account, and determine the ending balance in Raw Materials Inventory. Question content area bottom Part 1 Journalize the entries to record the transactions. Begin by recording the journal entry for the purchases of materials. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Help me solve this Etext pages Get more help pop-up content starts Data table Raw Materials Inventory, beginning balance $31,000 Purchases of canvas, on account 70,000 Purchases of sewing machine lubricating oil, on account 1,900 Material requisitions: Canvas 60,000 Sewing machine lubricating oil 150
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