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in January, hansel, inc. production supervisor requisitioned raw materials for production as follows: Job 1 $700, job 2 $900, and job 3 $400, and general

in January, hansel, inc. production supervisor requisitioned raw materials for production as follows: Job 1 $700, job 2 $900, and job 3 $400, and general factory use, $520. Prepare a summary journal entry to record raw materials used using the chart of accounts provided.

chart of accounts

assets liabilities stockholders' equity
cash accounts payable common stock
accounts receivable unearned revenue retained earnings
raw materials inventory factory wages payable sales revenue
work in process inventory notes payable cost of goods sold
factory labor taxes payable utilities expense
manufactuirng overhead interest payable supplies expense
finished goods inventory employer payroll taxes payable selling expense
supplies employer fringe benefits payable insurance expense
prepaid insurance depreciation expense
equipment
building
land
accumulated depreciation

list debit transactions first and then list credit transactions.

use accounts provided in the chart of accounts above. do not create your own account.

when typing your responses, do not include a dollar sign. for example, if your answer $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign.

general journals

date accounts titles and explanation debit ($) credit ($)
1/31 2,000
to record raw materials used

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