Given the Following Accounts

question 98

Multiple Choice

Given the following accounts:
-Issued raw materials to production.
Debit ________ Credit ________

• A)Expense accounts.
• B)Accounts receivable
• C)Finished goods inventory.
• D)Work in process inventory.
• E)Raw materials inventory.
• F)Factory supplies inventory.
• G)Manufacturing overhead applied
• H)Depreciation expense
• I)Accounts payable.
• J)Payroll payable
• K)Utilities expense
• L)Sales.
• M)Raw materials purchases.
• N)Manufacturing overhead-control.
• O)Cost of goods sold.
• Indicate the account(s) to be debited and credited to record the following transactions.

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Definitions:

Case Title

The formal name or designation given to a particular legal case or lawsuit.

Case File

A comprehensive collection of documents, evidence, and records pertaining to a particular legal case.

Specific Performance

A judicial decree that requires a party to perform a specific act, usually what is stated in a contract, as opposed to paying damages for failing to perform.

Van Gogh

A Dutch post-impressionist painter known for his vivid paintings and tumultuous life, considered one of the most influential figures in the history of Western art.