Answer
**60500=
$60000+$500
Raw Materials Inventory | |||
Beg. Bal. | 37000 | ||
Purchases | 70700 | 60500** | Requisitions |
End. Bal. | 47200 |
Journal Entry |
||
Accounts | Debit | Credit |
Raw materials inventory | 70700 | |
Accounts payable | 70700 |
Score: 0 of 1 pt 8 of 13 (7 complete) HW Score: 46.73%, 7.48 of 16...
easy packs manufactures backpacks, its plant record include the following materials-related data : raw materials inventory beginning balance 31,000. purchass of canvas on account 69,000. purchases of sewing machine lubricating oil on account 1,000. material / requisitions: canvas 64,000, sewing machine lubricating oil 500.journalize the entries to record the transactions post to the raw materials inventory account, and determine the ending balance in raw materials inventory.1. journalize the entries to record the transactions, begin by recording the journal entry for...
Mountain Packs manufactures backpacks. Its plant records include the following materscelated data (Click the icon to view the transactions) Joumalize the entries to record the transactions, post to the Raw Materials inventory account and determine the ending balance in Raw Materials Inventory Journalize the entries to record the transactions Begin by recording the journal entry for the purchases of materials (Record debits first, then credits Exclude explanation fo.. Date Accounts Debit Credit Data Table S 31,000 70.000 1300 Now record...
materials. (Record deb i Data Table $ Raw Materials Inventory, beginning balance Purchases of canvas, on account Purchases of sewing machine lubricating oil, on account Material requisitions: Canvas Sewing machine lubricating oil 34,000 68,000 1,100 64,000 500 Print Done account and determine the ending balance in Raw Materials Inventory. ut fields and then continue to the next question. This Question: 1 pt 14 of 15 (0 complete) Pack 'n Go manufactures backpacks. Its plant records include the following materials-related data...
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