For the following accounts, indicate what causes the account to increase and decrease. The first account is
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For the following accounts, indicate what causes the account to increase and decrease. The first account is completed as anexample.
Transcribed Image Text:
Is increased by: Is decreased by Account Raw Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold Materials purchased Materials used
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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