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A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory Debit Credit Beginning 26,500 Purchases 1a1,500 86,000 Direct materials used 16,500 Indirect materials
A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory Debit Credit Beginning 26,500 Purchases 1a1,500 86,000 Direct materials used 16,500 Indirect materials used Ending 25,500 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 Record the purchase of raw materials on credit. Note: Enter debits before credits. Record entryr m View general journal 2 3 Record direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal2 3 Record indirect materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal
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