Question: What will the double entry be to record the purchase of raw materials of $15,250 when $11,000 of the total amount has been paid in
What will the double entry be to record the purchase of raw materials of $15,250 when $11,000 of the total amount has been paid in cash? Select a Choice Below current question choices OptionA Debit Raw Materials by $15,250; credit Cash by $11,000 and Accounts Receivable by $4,250. OptionB Debit Accounts Receivable by $15,250; credit Cash by $11,000 and Raw Materials by $4,250. OptionC Debit Raw Materials by $15,250; credit Cash by $11,000 and Accounts Payable by $4,250. OptionD Debit Cash by $15,250; credit Raw Materials by $11,000 and Accounts Payable by $4,250
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