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On May 7, Jernigan Company purchased on account 640 units of raw materials at $15 per unit. During May, raw materials were requisitioned for production as follows: 224 units for Job 200 at $13 per unit and 294 units for Job 305 at $15 per unit. Required:
Journalize the entry on May 7

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On May 7, Jernigan Company purchased on account 640 units of raw materials at $15 per unit. During M...
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