In accumulating raw materials costs, companies debit the cost of raw materials purchased in a perpetual system
Question:
In accumulating raw materials costs, companies debit the cost of raw materials purchased in a perpetual system to:
(a) Raw Materials Purchases.
(b) Raw Materials Inventory.
(c) Purchases.
(d) Work in Process.AppendixLO1
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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