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Straight Packs manufactures backpacks. its plant records include the following materials-related data: @ {Click the icon to View the transactions.) Journalize the entries to record
Straight Packs manufactures backpacks. its plant records include the following materials-related data: @ {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 thejournal entry for the purchases of materials. [Record debits first. then credits. Select the explanation on the last line of the journal entry table.) Date ll Accounts and Explanation ll Debit I Credit X Data table Raw Materials Inventory beginning balance 5 41.000 Purchases of canvas. on account "r3000 Purchases of sewing machine lubricating oil, on account 1.100 Material requisitions: Canvas 58.000 Sewing machine lubricating oil 100
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