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Posts: 2784
7 years ago
Dakota, Inc. purchased raw materials worth $8,000 on account. The journal entry to record the purchase of raw materials on account is ________.
A) debit Accounts Payable, $8,000; credit Raw Materials Inventory, $8,000
B) debit Raw Materials Inventory, $8,000; credit Cash, $8,000
C) debit Cash, $8,000; credit Raw Materials Inventory, $8,000
D) debit Raw Materials Inventory, $8,000; credit Accounts Payable, $8,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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7 years ago
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7 years ago
Will mark this subject solved, thanks
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