Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $70,000 of raw materials on credit. Its Mixing department requisitioned $55,000 of direct materials for use in production Prepare journal entries to record its purchase of raw materials and requisition of direct materials. View transaction list Journal entry worksheet 1 2 Record purchase of raw materials inventory on account Note: Enter debits before credits Transaction General Jourttal Dobit Credit Record entry Clear entry View general Journal es Journal entry worksheet >