lance in Raw Materials Inventory. CCC on the last line of the journal entry table.) entory....

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lance in Raw Materials Inventory. CCC on the last line of the journal entry table.) entory. Data table Raw Materials Inventory, beginning balance Purchases of canvas, on account Purchases of sewing machine lubricating oil, on account Material requisitions: 9 Canvas Sewing machine lubricating oil 1 - Print 4 (C Done -X $ 37,000 68,000 900 63,000 500 O 50 points) Easy Packs manufactures backpacks Its plant records include the following materials related data (Click the icon to view the transactions) Jaumalles the entries to record the transactions, post to the Raw Materials Inventory account, and determine the ending balance in Raw Matorials Inventory Now record a single journal entry for the materials used Date Journalize the entries to record the transactions Begin by recording the journal entry for the purchases of matorials (Record debits first, then credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Ex 7 O @ Past these tractions to the Raw Materials inventory account and determine the ending balance in Raw Materials Inventory Raw Materials Inventory 2 W #23 Accounts and Explanation ★ E F3 SA R 20 FA in st T 2 Search Question 4 of 8 > V 80 7 Debit C *00 Credit 8 FO 61 9 r C O 0 19 C a Р 1' G $10 10 M4 but hand # lance in Raw Materials Inventory. CCC on the last line of the journal entry table.) entory. Data table Raw Materials Inventory, beginning balance Purchases of canvas, on account Purchases of sewing machine lubricating oil, on account Material requisitions: 9 Canvas Sewing machine lubricating oil 1 - Print 4 (C Done -X $ 37,000 68,000 900 63,000 500 O 50 points) Easy Packs manufactures backpacks Its plant records include the following materials related data (Click the icon to view the transactions) Jaumalles the entries to record the transactions, post to the Raw Materials Inventory account, and determine the ending balance in Raw Matorials Inventory Now record a single journal entry for the materials used Date Journalize the entries to record the transactions Begin by recording the journal entry for the purchases of matorials (Record debits first, then credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Ex 7 O @ Past these tractions to the Raw Materials inventory account and determine the ending balance in Raw Materials Inventory Raw Materials Inventory 2 W #23 Accounts and Explanation ★ E F3 SA R 20 FA in st T 2 Search Question 4 of 8 > V 80 7 Debit C *00 Credit 8 FO 61 9 r C O 0 19 C a Р 1' G $10 10 M4 but hand #

Answer rating: 100% (QA)

You are tasked with journalizing transactions for raw materials inventory based on the data provided in the images you shared Lets break down the step... View the full answer