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7 You are the accountant for Mon Inc, a manufacturer of automobiles. This year, Mon Inc requisitioned $514,000 of raw materials for use in production
7 You are the accountant for Mon Inc, a manufacturer of automobiles. This year, Mon Inc requisitioned $514,000 of raw materials for use in production Of this amount, $7,000 was for indirect malenals and the remainder was for direct materials. What would be the 3 accounts used in the journal entry for this? Debit Debit Credit
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