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15 Exercise 15-5 (Algo) Record materials purchase and use LO P1 A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory 15
15 Exercise 15-5 (Algo) Record materials purchase and use LO P1 A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory 15 Debit Credit points Beginning Purchases 25,300 100,300 8 01:39:22 81,200 Direct materials used 15,300 Indirect materials used Ending 29,100 References All raw materials purchases are made on credit. Prepare journal entries to record the: 1. Purchase of raw materials. 2. Direct materials used. 3. Indirect materials used. View transaction list Journal entry worksheet 1 2 3 Record the purchase of raw materials on credit. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal >
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