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The following transactions occurred during February 2016 for Thompson Manufacturing Company: February 10 Purchased $5,000 of material on account that will be used to produce

The following transactions occurred during February 2016 for Thompson Manufacturing Company:

February 10 Purchased $5,000 of material on account that will be used to produce products for resale.

February 11 $4,000 of material was requisitioned for use as factory direct material.

February16 Completed manufacturing of products with a total product cost of $24,000 and transferred them to the warehouse.

Record these transactions in general journal form. Suppose the Thompson Manufacturing Company uses the perpetual inventory system.

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