Question
Soledad Corporation had $29,000 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $75,200 of raw materials. The
| Soledad Corporation had $29,000 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $75,200 of raw materials. The journal entry to record the purchase of raw materials would include a: |
debit to Raw Materials of $75,200
debit to Raw Materials of $104,200
credit to Raw Materials of $75,200
credit to Raw Materials of $104,200
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Business Statistics A Decision Making Approach
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
9th Edition
013302184X, 978-0133021844
