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Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $69,000 of raw materials on credit. Its Mixing department requisitioned $56,500 of direct

Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $69,000 of raw materials on credit. Its Mixing department requisitioned $56,500 of direct materials for use in production. Prepare journal entries to record its purchase of raw materials and requisition of direct materials. View transaction list Journal entry worksheet 2 Record purchase of raw materials inventory on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $69,000 of raw materials on credit. Its Mixing department requisitioned $56,500 of direct materials for use in production. Prepare journal entries to record its purchase of raw materials and requisition of direct materials. View transaction list Journal entry worksheet 1 2 Record direct materials used in production. Note: Enter debits before credits, Transaction b General Journal Debit Credit Record entry Clear entry View general journal

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