On May 7, Jernigan Company purchased on account 510 units of raw materials at $18 per unit. During May, raw materials were requisitioned for production as follows: 153 units for Job 200 at $15 per unit and 158 units for Job 305 at $18 per unit. Required:
Journalize the entry on May 7 to record the purchase.

Answer and Explanation:

The journal entry to record the purchase is shown below;

Materials (510 units × $18) $9,180

          To Accounts payable$9,180

(To record the purchases)

Here the material is debited as it increased the assets and credited the account payable as it also increased the liabilities

Therefore the above journal entry should be passed

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

hi there, i would say your answer is:

b. there is a fixed quantity of resources and technology available.

hope that : )