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On April 6, Keenan Company purchased on account 480 units of raw materials at $16 per unit. On April 21, raw materials were requisitioned for
On April 6, Keenan Company purchased on account 480 units of raw materials at $16 per unit. On April 21, raw materials were requisitioned for production as follows: 202 units for Job 50 at $12 per unit and 149 units for Job 51 at $16 per unit.
Journalize the entry on April 6 to record the purchase.
Apr. 6 | |||
Journalize the entry on April 21 to record the requisition from the materials storeroom.
Apr. 21 | |||
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