Question
TRANSACTIONS Record the following daily transactions in the proper journals. Post to the subsidiary ledgers daily. June 26 Materials Issued Requisition 613 for 50 units
TRANSACTIONS Record the following daily transactions in the proper journals. Post to the subsidiary ledgers daily. June 26
Materials Issued
Requisition 613 for 50 units of Material T-23 for Job 211. Requisition 614 for 120 units of Material S-16 for Job 218
When you record a requisition for direct materials, you will perform the duties of both the storeroom clerk and the cost clerk (see Chapter 3). The following recording steps are required:
1) Compute the cost and enter the requisition on the materials ledger card.
2) Record the appropriate entries in the materials requisition journal.
3) Post to the job cost sheet.
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