Question: Refer to the information in M2-8. 1. Prepare the journal entry to record the purchase of raw materials. 2. Prepare the journal entry to record

Refer to the information in M2-8.

1. Prepare the journal entry to record the purchase of raw materials.
2. Prepare the journal entry to record the issuance of raw materials toproduction.

Beginning raw materials Purchases of raw materials Raw materials issued $20,000 Materials requisition 1445 Materials requisition 1446 Materials requisition 1447 90,000 25,000 30,000 For Job 101 For Job 102 Used on multiple jobs

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