On June 3, Plowers Company purchased 8,000 units of raw materials at $10 per unit. On June

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On June 3, Plowers Company purchased 8,000 units of raw materials at $10 per unit. On June 22, raw materials were requisitioned for production as follows: 2,400 units for Job 30 at $ 8 per unit and 2,600 units for Job 32 at $10 per unit. Journalize the entry on June 3 to record the purchase and on June 22 to record the requisition from the materials storeroom.

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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