In a job order cost accounting system, which journal entry would be made when raw materials are transferred into production during the month? Debit Goods in Process Inventory and Credit Materials Expense Debit Factory Overhead and Credit Raw Materials Inventory Debit Finished Goods Inventory and Credit Goods in Process Inventory Debit Goods in Process Inventory and Credit Raw Materials Inventory Debit Raw Materials Inventory and Credit Goods in Process Inventory In a job order cost accounting system, which journal entry would be made when raw materials are purchased on account for use in production at a later date? Debit Finished Goods Inventory and Credit Work in Process Inventory Debit Raw Materials Inventory and Credit Accounts Payable Debit Goods in process inventory and Credit Raw Materials Inventory Debit Factory Overhead and Credit Accounts Payable Debit Accounts Payable and Credit Raw Materials Inventory