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Dakota, Inc. purchased raw materials worth $8,000 on account. The journal entry to record the ...
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Dakota, Inc. purchased raw materials worth $8,000 on account. The journal entry to record the ...
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
Edition:
5
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Authors:
Miller-Nobles, Mattison, Matsumura
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