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When Raw Materials Are Purchased on Account for Use in a Process

Question 42

Multiple Choice

When raw materials are purchased on account for use in a process costing system,the corresponding journal entry that should be recorded will include:


A) A debit to Work in Process Inventory.
B) A debit to Accounts Payable.
C) A credit to Cash.
D) A debit to Raw Materials Inventory.
E) A credit to Raw Materials Inventory.

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