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Gullett Corporation had $46,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $95,000 of raw materials. The
Gullett Corporation had $46,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $95,000 of raw materials. The journal entry to record the purchase of raw materials would include a: 8 1.5 Multiple Choice 00:33 50 debit to Raw Materials of $141,000 Reference credit to Raw Materials of $95,000 debit to Raw Materials of $95,000 credit to Raw Materials of $141,000
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