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Ch 15 Ex 1 i 3 A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory 5 Debit Credit points Beginning Purchases 26,500
Ch 15 Ex 1 i 3 A manufacturer's Raw Materials Inventory account appears as follows: Raw Materials Inventory 5 Debit Credit points Beginning Purchases 26,500 101,500 86,000 Direct materials used 16,500 Indirect materials used Ending 25,500 eBook Print 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. References View transaction list Journal entry worksheet 1 2 3 Record the purchase of raw materials on credit. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal > Saved
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