Jun. 24 Knowledge Check On June 16, Lawn Butler purchased $4,100 of raw materials on account....

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Jun. 24 Knowledge Check On June 16, Lawn Butler purchased $4,100 of raw materials on account. On June 24, the company requisitioned $3,300 of direct materials and $320 of indirect materials for production. Prepare the journal entry for the assignment of raw materials to production. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit < (To assign materials and overhead to jobs) Jun. 24 Knowledge Check On June 16, Lawn Butler purchased $4,100 of raw materials on account. On June 24, the company requisitioned $3,300 of direct materials and $320 of indirect materials for production. Prepare the journal entry for the assignment of raw materials to production. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit < (To assign materials and overhead to jobs)

Answer rating: 100% (QA)

Date Account Titles and Explanation Debit Credit Jun 24 ... View the full answer