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Journalize the entry on august 4 to record the purchase and

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Issuance of materials

On August 4, Rothchild Company purchased on account 12,000 units of raw materials 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. 

Reference no: EM13972757

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