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Uniq Works purchased raw materials amounting to $122,000 on account and $20,000 for cash. The materials will be used to manufacture upholstery for furniture manufacturers

Uniq Works purchased raw materials amounting to $122,000 on account and $20,000 for cash. The materials will be used to manufacture upholstery for furniture manufacturers a contract basis. Which of the following journal entries correctly records this transaction?

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