Entry for Issuing Materials
Materials issued for the current month are as follows:
Requisition No. Material Job No. Amount
103 Plastic 400 $ 2,800
104 Steel 402 24,000
105 Glue Indirect 1,620
106 Rubber 403 3,200
107 Titanium 404 31,600
Journalize the entry to record the issuance of materials.
For a compound transaction, if an amount box does not require an entry, leave it blank.
Work in Process
Factory Overhead
Materials

Respuesta :

Answer:

Journal entry to record the issuance of materials

Date   Accounts & explanation               Debit         Credit

          Work in process                           $61,600

          (2,800+24,000+3,200+31,600)

          Factory overhead                         $1,620

                 Material                                                       $63,220

          (To record the issuance of material)