On June 2, Lewis Company purchased 4,000 units of raw materials at $8 per unit. On June

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On June 2, Lewis Company purchased 4,000 units of raw materials at $8 per unit. On June 12, raw materials were requisitioned for production as follows: 1,200 units for Job 30 at $6 per unit and 800 units for Job 32 at $8 per unit. Journalize the entry on June 2 to record the purchase and on June 12 to record the requisition from the materials storeroom.

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Accounting

ISBN: 978-0324662962

23rd Edition

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

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