Which of the Following Entries Would Be Made to Record

question 100

Multiple Choice

Which of the following entries would be made to record the purchase of $20,000 of raw materials?

• A)
• \(\begin{array} { | l | l | l | l | }
• \hline \text { WIP Inventory } & & 20,000 & \\
• \hline & \text { Accounts payable } & & 20,000 \\
• \hline
• \end{array}\)
• B)
• \(\begin{array} { | l | l | l | l | }
• \hline \text { Accounts payable } & & 20,000 & \\
• \hline & \text { WIP Inventory } & & 20,000 \\
• \hline
• \end{array}\)
• C)
• \(\begin{array} { | l | l | l | l | }
• \hline \text { Raw Materials Inventory } & & 20,000 & \\
• \hline & \text { Accounts payable } & & 20,000 \\
• \hline
• \end{array}\)
• D)
• \(\begin{array} { | l | l | l | l | }
• \hline \text { Accounts payable } & & 20,000 & \\
• \hline & \text { Raw Materials Inventory } & & 20,000 \\
• \hline
• \end{array}\)

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