Question: 7 Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $79,000 of raw materials on credit. Its Mixing department requisitioned $53,000

7 Hotwax makes surfboard wax in two sequential processes. This period, Hotwax

7 Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $79,000 of raw materials on credit. Its Mixing department requisitioned $53,000 of direct materials for use in production. 1.87 points Prepare journal entries to record its purchase of raw materials and requisition of direct materials. eBook Print d References View transaction list Journal entry worksheet 1 2 Record purchase of raw materials inventory on account. Note: Enter debits before credits. Transaction a General Journal Debit Credit Record entry Clear entry View general journal Check m

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