When Raw Materials Are Purchased on Account for Use in a Process

question 42

Multiple Choice

When raw materials are purchased on account for use in a process costing system,the corresponding journal entry that should be recorded will include:

• A)A debit to Work in Process Inventory.
• B)A debit to Accounts Payable.
• C)A credit to Cash.
• D)A debit to Raw Materials Inventory.
• E)A credit to Raw Materials Inventory.

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