Prepare journal entries to record the following production activities. 1. Purchased $ 80,000 of raw materials on
Question:
1. Purchased $ 80,000 of raw materials on credit.
2. Used $ 42,000 of direct materials in production.
3. Used $ 22,500 of indirect materials.
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1 Raw Materials Inventory 80000 Accounts Payable 80000 Purch...View the full answer
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Related Book For 
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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