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Record the following transactions involving raw materials in general journal form for the Kellogg Company. Purchased raw materials on credit, 58,000. Returned $14,000 of the
- Record the following transactions involving raw materials in general journal form for the Kellogg Company.
- Purchased raw materials on credit, 58,000.
- Returned $14,000 of the raw materials purchased in Transaction A and received credit.
- Issued $41,000 of raw materials to production, of which $29,000 were direct materials.
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