TRANSACTIONS Record the following daily transactions in the proper journals. Post to the subsidiary ledgers daily.

June 27

Materials Received

300 units at $15.95 each of Material S-16, obtained on Purchase Order 2194, from the Glenshaw Fabricating Company, Voucher 6-72.

When you record the receipts of materials, you will perform the work normally assigned to the storeroom clerk and the voucher clerk (see Chapter 2). The following recording steps are required:

1) Record the receipt on the materials ledger card.

2) Enter the voucher in the voucher register.

Materials Issued

Requisition 615 for 14 units of Material T-23 for Job 220.