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Home Q & A Board Other Fields Homework Help Business Economics
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ruskin ruskin
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Posts: 664
Rep: 12 1
6 years ago
What is the appropriate journal entry if $100,000 of materials were purchased on account for the month of August?
A)
Materials Control   100,000
Accounts Payable Control   100,000

B)
Work-in-Process Control   100,000
Accounts Payable Control   100,000

C)
Manufacturing Overhead Control   100,000
Accounts Payable Control   100,000

D)
Manufacturing Overhead Allocated   100,000
Accounts Payable Control   100,000

E)
Materials Control   100,000
Work-in-Process Control   100,000
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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#1
6 years ago
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