Question: Give the entry in general journal form to record the cost of the materials purchased. During May 2016, Caty Co. purchased and issued the following
Give the entry in general journal form to record the cost of the materials purchased.
During May 2016, Caty Co. purchased and issued the following materials and supplies. Use May 31 as the date for all entries:
Purchases Issues from Storeroom
Materials....................$80,000..............Direct materials................$70,000
Manufacturing supplies......6,000.............Manufacturing supplies..........5,500
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