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Answer the following questions using the information below:
Games R Us manufactures various games. For March, there were no beginning inventories of direct materials and no beginning or ending work in process. Conversion costs is the only indirect manufacturing cost category currently used. Journal entries are recorded when materials are purchased and when conversion costs are allocated under backflush costing.
-Which of the following journal entries properly records the purchase of direct materials?
Legal Requirement
A mandated regulation or standard that must be adhered to by individuals or entities under the law.
Personal Recognition
The acknowledgement or appreciation of an individual's contributions or achievements, often used as a motivational tool in various settings.
Selling Activities
The range of actions involved in promoting and selling goods or services, including prospecting, presentations, and closing sales.
Potential Employer
A company or individual who might consider hiring a job applicant.
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