Bonita Company signed a long$-$term noncancelable purchase commitment with a major supplier to purchase raw materials in $2026$ at a cost of $$939,400.$ At December $31,2025,$ the raw materials to be purchased have a market value of $$891,000.$ Prepare any necessary December $31,2025,$entry. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.$)$

Date Account Titles and Explanation

Debit

Credit

Dec. $31$