Mountain Packs manufactures backpacks. Its plant records include the following materials-related data: B (Click the icon to view the transactions.) 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 Data Table $ 39,000 71,000 Now record a single journal entry for the materials used. Raw Materials Inventory, beginning balance Purchases of canvas, on account Purchases of sewing machine lubricating oil, on account Material requisitions: 1,000 Date Accounts Debit Credit Canvas 57,000 Sewing machine lubricating oil 400 Print Done Post these transactions to the Raw Materials Inventory account and determine the ending balance in Raw Materials Inventory. Raw Materials Inventory