Question: Journalize returned materials reports. (Obj. 7). During August 19X9, Jones Products Inc. had returned $6,740 in direct materials and $590 in indirect materials. Prepare the
Journalize returned materials reports. (Obj. 7). During August 19X9, Jones Products Inc. had returned $6,740 in direct materials and $590 in indirect materials. Prepare the entry in general journal form to record the cost of the materials returned to the storeroom for the month.
LO.1
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