Essay
During June, Briganti Corporation purchased $85,000 of raw materials on credit to add to its raw materials inventory. A total of $70,000 of raw materials was requisitioned from the storeroom for use in production. These requisitioned raw materials included $10,000 of indirect materials.Required:Prepare journal entries to record the purchase of materials and their use in production.
Correct Answer:
Verified
Correct Answer:
Verified
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