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Issuance of Materials On May 7, Jernigan Company purchased on account 760 units of raw materials at $21 per unit. During May, raw materials were

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Issuance of Materials On May 7, Jernigan Company purchased on account 760 units of raw materials at $21 per unit. During May, raw materials were requisition for production as follows: 258 units for Job 200 * 518 per unit and 258 units for Job 305 at 521 per unit. Journalize the entry on May 7 to record the purchase 1 an amount box does not require an entry, leave it blank May 7 88 Journalize the entry on May 31 to record the requisition from the materials storeroom. If any amount bow does not require an entry, leave it Bank May 31 88

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