Question: 1 . March 1 0 : 5 0 0 units of raw materials were purchased on account at $ 4 . 0 0 per unit.
March : units of raw materials were purchased on account
at $ per unit.
March : units of raw materials were requisitioned at
$ per unit for production, Job
March : units of raw materials were requisitioned at
$ per unit for production, Job
Required:
Record the journal entries for the above transactions: Refer to
the Chart of Accounts for exact wording of account titles.
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