Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $70,000 in raw materials. Its mixing department requisitioned $53,000 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 1 General Journal Debit Credit Record entry Clear entry View general journal