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In January, Ivanhoe Tool & Die requisitions raw materials for production as follows: Job 1$980
, Job 2$1 , 500 , Job 3$780 , and general factory use $690 Prepare a summary journal entry to
record raw materials used. (List all debit entries before credit entries. Credit account titles are
automatically indented when amount is entered. Do not indent manually.)

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  • 1. In January, Ivanhoe Tool & Die requisitions raw materials for production as follows: Job 1$980 , Job 2$1 , 500 , Job 3$780 , and general factory use $690 Prepare a summary journal entry to record raw materials used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)