Question: (APPENDIX) JOURNAL ENTRIES Refer to the data provided in Exercise 20-35. Required: . Prepare a journal entry for the purchase of raw materials. . Prepare

(APPENDIX) JOURNAL ENTRIES Refer to the data provided in Exercise 20-35.

Required:

. Prepare a journal entry for the purchase of raw materials.

. Prepare a journal entry for the issuance of raw materials.

. Prepare a journal entry for the addition of labor to Work in Process.

. Prepare a journal entry for the closing of variances to Cost of Goods Sold.

Exercise

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