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Journalize entry on dec to record the issuance of materials

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Reference no: EM132907679

Materials issued for the current month are as follows:

Requisition No.           Material              Job No.               Amount

103                         Plastic                400                  $25,060

104                            Steel                402                   38,880

105                           Glue                      Indirect               2,200

106                            Rubber                   403                   3,820

107                             Titanium                 404                 85,800

Required:

Problem 1: Journalize the entry on Dec. 31 to record the issuance of materials. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

Reference no: EM132907679

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