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Journal entry ey eredft to sales revenue ) debit to finished goods inventory Following is a summary of the transactions involving materials for Tomas Company

Journal entry
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ey eredft to sales revenue ) debit to finished goods inventory Following is a summary of the transactions involving materials for Tomas Company for the year ended 6/30/x7: Materials purchased on account Materials purchased for cash Direct materials requisitioned Indirect materials used in production $76, 500 16, 700 61,900 8, 600 Required: Prepare journal entries for the above transactions General Journal POST CREDIT DATE ACCOUNTS AND EXPLANATIONS REF.DEEBIT materials purcrased on

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