Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Exercise 23

A Issuance of materials
On April 6, Almerinda Company purchased on account 60,000 units of raw material at $12 per unit. On April 21, raw materials were requisitioned for production as follows: 25,000 units for Job 50 at $10 per unit and 27,000 units for Job 51 at $12 per unit. Journalize the entry on April 6 to record the purchase and on April 21 to record the requisition from the materials storeroom.
B Issuance of materials
On August 4, Rothchild Company purchased on account 12,000 units of raw material at $14 per unit. On August 24, raw materials were requisitioned for production as follows: 5,000 units for Job 40 at $8 per unit and 6,200 units for Job 42 at $14 per unit. Journalize the entry on August 4 to record the purchase and on August 24 to record the requisition from the materials storeroom.