Question: Entry (1) in the below T-account represents the purchase rather than use of raw materials. Raw Materials 10,000 (2) 70,000 20,000 Bal 60,000 Bal True

Entry (1) in the below T-account represents the purchase rather than use of raw materials. Raw Materials 10,000 (2) 70,000 20,000 Bal 60,000 Bal True or False
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