Prepare summary journal entries to record the issuance of


Five material requisitions (MR) forms were received by the materials storeroom of the Saint Louis Foundry during the first week of 2011. MR 101 was for $250 of direct materials for job number 1501. MR1O2 was for $350 of direct materials for job number 1502. MR103 was for $100 of indirect materials issued to the factory floor. MR 104 was for $400 of direct materials issued to job number 1501. MR1 05 was for $500 of direct materials issued to job number 1503.

Required:

Prepare summary journal entries to record the issuance of these materials.

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Managerial Accounting: Prepare summary journal entries to record the issuance of
Reference No:- TGS01243922

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