What Is the Appropriate Journal Entry If $150 000 of Materials

question 196

Short Answer

What is the appropriate journal entry if $150 000 of materials were purchased on account for the month of August?
A)
$\begin{array} { l c c } \text { Manufacturing Allocated } & 150000 \\\text { Accounts Receivable Control } && 150000 \\\end{array}$

B)
$\begin{array} { l c c } \text { Manufacturing Overhead Control } & 150000 \\\text { Accounts Receivable Control } && 150000 \\\end{array}$

C)
$\begin{array} { l c c } \text { Materials Control } & 150000 & \\\text { Accounts Payable Control } & & 150000 \\\end{array}$

D)
$\begin{array} { l c c } \text { Work-in-Process Control } & 150000 & \\\text { Accounts Payable Control } & & 150000\end{array}$

---

Definitions:

Bandura

Albert Bandura, a renowned psychologist best known for his social learning theory, emphasizing the importance of observational learning, self-efficacy, and self-regulation.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

Puzzle Box

An experimental device used in animal psychology to study trial-and-error learning, notably by Edward L. Thorndike.

Thorndike

Edward Thorndike was an influential psychologist known for his work in behaviorism and for developing the Law of Effect, which played a foundational role in the study of operant conditioning.