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Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials
Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials. How should Andrews journalize the purchase of raw materials for March? A. Debit Raw Materials Inventory $165,000: credit Accounts Payable $165,000 B. Debit Work In Process Inventory $165,000, credit Raw Materials Inventory $165,000 C. Debit Raw Materials Inventory $187,000: credit Cash $187,000 D. Debit Accounts Payable $165,000, credit Raw Materials Inventory $165,000 E. Debit Accounts Payable $187,000: credit Raw Materials Inventory $187,000
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