Uniq Works purchased raw materials amounting to $126,000 on account and $16,000 for cash. The materials will be used to manufacture upholstery for furniture manufacturers on a contract basis. Which of the following journal entries correctly records this transaction?

a Accounts Payable 126,000 Cash 16,000 Raw Materials Inventory 142,000 b Work-in-Process Inventory 142,000 Accounts Payable 142,000 c Raw Materials Inventory 142,000 Cash 16,000 Accounts Payable 126,000 d Finished Goods Inventory 142,000 Accounts Payable 142,000