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A manufacturer's Raw Materials Inventory account appears as follows. Exercise 19-5 Record materials purchase and use P1 P3 All raw materials purchases are made on

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A manufacturer's Raw Materials Inventory account appears as follows. Exercise 19-5 Record materials purchase and use P1 P3 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

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