Multiple Choice
Gullett Corporation had $32,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $81,000 of raw materials. The journal entry to record the purchase of raw materials would include a:
A) debit to Raw Materials of $113,000
B) credit to Raw Materials of $81,000
C) debit to Raw Materials of $81,000
D) credit to Raw Materials of $113,000
Correct Answer:

Verified
Correct Answer:
Verified
Q170: Daget Corporation uses direct labor-hours in its
Q171: Kapanga Manufacturing Corporation uses a job-order costing
Q172: Held Incorporated has provided the following data
Q173: Bledsoe Corporation has provided the following data
Q174: Parker Corporation has a job-order costing system
Q176: Refer to the T-account below: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8314/.jpg"
Q177: Falkenstein Corporation uses a job-order costing system
Q178: At the beginning of December, Altro Corporation
Q179: Koczela Incorporated has provided the following data
Q180: Verrett Corporation is a manufacturer that uses