Business, 15.04.2020 20:49 mrnotsosmart744
Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,000. The journal entry to record the material purchase on account is
a. Materials 165,000 Accounts Payable 165,000
b. Materials 190,000 Accounts Payable 190,000
c. Materials 190,000 Cash 190,000
d. Accounts Payable 190,000 Materials 190,000
Answers: 1
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Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed...
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