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Journalize the entries to record the transactions. Begin by recording the journal entry for the purchases of materials. (Record debits first, then credits. Exclude explanations

Journalize the entries to record the transactions.

Begin by recording the journal entry for the purchases of materials. (Record debits first, then credits. Exclude explanations from any journal entries.)image text in transcribedimage text in transcribed

Journalize the entries to record the transactions, post to the Raw Materials Inventory account, and determine the ending balance in Raw Materials Inventory. Journalize the entries to record the transactions. Begin by recording the journal entry for the purchases of materials. (Record debits first, then credits. Exclude explanations from any journal entries.) Date Accounts Debit Credit - X Data Table $ 30,000 Now record a single journal entry for the materials used. 68,000 Date Accounts Debit Credit 700 Raw Materials Inventory, beginning balance Purchases of canvas, on account Purchases of sewing machine lubricating oil, on account Material requisitions: Canvas Sewing machine lubricating oil 57,000 300 Post these transactions to the Raw Materials Inventory account and determine the ending balance in Raw Materials Inven Print Done Raw Materials Inventory Choose from any list or enter any number in the input fields and then continue to the next question. Begin by recording the journal entry for the purchases of materials. (Record debits first, then credits. Exclude explanations from any journal entries.) Date Accounts Debit Credit Accounts Payable Accounts Receivable Cash Now record a sin Cost of Goods Sold Finished Goods Inventory Date Manufacturing Overhead Purchases Raw Materials Inventory Work-in-Process Inventory Debit Credit Post these transactions to the Raw Materials Inventory account and determine the ending balance in Raw Materials Inventory Raw Materials Inventory

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