The Entry to Record the Purchase of Direct Materials on Account

question 112

Multiple Choice

The entry to record the purchase of direct materials on account would include a ________.

• A) debit to the Raw Materials Inventory account
• B) debit to the Work-in-Process Inventory account
• C) credit to the Work-in-Process Inventory account
• D) credit to the Raw Materials Inventory account

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Definitions:

Oriented Manager

A manager focused or aligned with specific goals, outcomes, or directions in their decision-making and leadership approach.

Advantage

A favorable or beneficial condition, circumstance, or characteristic that puts someone or something in a better position.

Resources

Assets, materials, or inputs used by an individual or organization to achieve objectives or produce goods and services.

Best Interest

A principle that emphasizes acting for the greatest benefit or advantage of all parties involved.