Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $$73,000$ of raw materials on credit. Mixing department requisitioned $$57,000$ of direct materials for use in production.

Prepare journal entries to record its purchase of raw materials and requisition of direct materials.

Journal entry worksheet

$1$

$2$

Record purchase of raw materials inventory on account.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$,,,],[,,,],[,,,],[,,,],[,,,]]$