Question: 15 - Prepare the required general journal entries to record the following transactions for the Ringer Company. a. Purchased $40,000 of raw materials on account.
15 - Prepare the required general journal entries to record the following transactions for the Ringer Company.
a. Purchased $40,000 of raw materials on account. b. Used $12,000 of direct materials in the Production department. c. Used $5,000 of indirect materials.
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