Materials purchased on account during the month amounted to $190,000. materials requisitioned and placed in production totaled $156,000. the entry to record the transaction for materials requisitioned by the production department is

Question

Business

Abbigail Galvan

30 September, 19:55

Materials purchased on account during the month amounted to $190,000. materials requisitioned and placed in production totaled $156,000. the entry to record the transaction for materials requisitioned by the production department is

+2

Answers (1)

Know the Answer?

Jean Willis · Answer 1

Materials purchased on account during the month amounted to $190,000

Materials requisitioned and placed in production totaled $156,000

Entry to record the transaction for materials =

Work in process = 156,000

Materials = 156,000

This is the entry record requisitioned by the Production department.