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Ch 15 Ex 1 i 3 5 points eBook Print References A manufacturer's Raw Materials Inventory account appears as follows: Raw
Posted: Fri Jul 01, 2022 8:29 am
by answerhappygod
- Ch 15 Ex 1 I 3 5 Points Ebook Print References A Manufacturer S Raw Materials Inventory Account Appears As Follows Raw 1 (39.44 KiB) Viewed 38 times
Ch 15 Ex 1 i 3 5 points eBook Print References A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory Beginning Purchases View transaction list Debit < Ending All raw materials purchases are made on credit. Prepare journal entries to record the: 1. Purchase of raw materials. 2. Direct materials used. 3. Indirect materials used. 1 Journal entry worksheet 2 Transaction 1 26,500 101,500 3 Note: Enter debits before credits. Record entry 25,500 Record the purchase of raw materials on credit. General Journal Credit 86,000 Direct materials used 16,500 Indirect materials used Clear entry Debit Credit View general journal > Saved