Issuance of Materials On August 4, Rothchild Company purchased on account 12,000 units of raw materi

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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. During August, 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. Aug. 4 Materials Accounts Payable dropdown Journalize the entry on August 31 to record the requisition from the materials storeroom. Aug. 31 Work in Process Materials