Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $78,000 of raw materials on credit. Its Mixing department requisitioned $59,500 of those 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 purchase of raw materials inventory on account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet