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Frontier Inc. has provided the following information for the year ended 20x8: Issued $230,000 in raw materials to production ($32,000 were not traceable to specific
Frontier Inc. has provided the following information for the year ended 20x8: Issued $230,000 in raw materials to production ($32,000 were not traceable to specific jobs). The correct journal entry to record this transaction is: A B DR Raw Materials Inventory CR Accounts Payable $230,000 DR Work in Process Inventory CR Raw Materials Inventory DR Work in Process Inventory DR Manufacturing Overhead CR Cash $240,000 $230,000 $198,000 DR Work in Process Inventory (C) DR Manufacturing Overhead $ 32,000 CR Raw Materials Inventory $230,000 $198,000 $ 32,000 $230,000 $230,000
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