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Author Question: Which of the following is the correct journal entry to record direct materials put into production? (Read 66 times)

Dannyrod2

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on: Feb 5, 2023

Question 1

Which of the following is the correct journal entry to record the purchase of indirect materials on account?
◦
Merchandise Inventoryxx​
    Accounts Payable​xx

◦
Raw Materials Inventoryxx​
    Accounts Payable​xx

◦
Manufacturing Overheadxx​
    Accounts Payable​xx

◦
Work in Process Inventoryxx​
    Accounts Payable​xx


Question 2

Which of the following is the correct journal entry to record direct materials put into production?
◦
Finished Goods Inventoryxx​
    Work in Process Inventory​xx

◦
Work in Process Inventoryxx​
    Finished Goods Inventory​xx

◦
Raw Materials Inventoryxx​
    Work in Process Inventory​xx

◦
Work in Process Inventoryxx​
    Raw Materials Inventory​xx
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Dannyrod2 on Feb 5, 2023

MajorWaffle

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Dannyrod2

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Excellent

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