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Homework answers / question archive / Easy Packs manufacturers backpacks
Easy Packs manufacturers backpacks. Its plant records include the following materials-related data:
Raw Materials Inventory, beginning balance $37,000
Purchases of canvas, on account 68,000
Purchases of sewing machine lubricating oil, on account 1,400
Material requisition:
Canvas 66,000
Sewing machine lubricating oil 100
Journalize the entries to record the transactions.
Begin by recording the journal entry for the purchase of materials. (Record debits first, then credits.)
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