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A manufacturer's Raw Materials Inventory account appears as follows:Raw Materials InventoryDebitCreditBeginning 2 6 , 0 0 0 Purchases 8 4 , 0 0 0 Direct
A manufacturer's Raw Materials Inventory account appears as follows:Raw Materials InventoryDebitCreditBeginningPurchasesDirect materials usedIndirect materials usedEndingAll raw materials purchases are made on credit. Prepare journal entries to record the Purchase of raw materials Direct materials used Indirect materials used.
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