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Uniq Works purchased raw materials amounting to $130,000 on account and $18,000 for cash. The materials will be used to manufacture upholstery for furniture manufacturers

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Uniq Works purchased raw materials amounting to $130,000 on account and $18,000 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? 148.000 148,000 O A. Finished Goods Inventory Accounts Payable OB. Work-in - Process Inventory Accounts Payable OC. Raw Materials Inventory 148,000 148.000 148,000 1 Click to select your answer burces Uniq Works purchased raw materials amounting to $130,000 on account and $18,000 for cash. The materials will be used to manufacture upholstery fo manufacturers on a contract basis. Which of the following journal entries correctly records this transaction? OC. Raw Materials Inventory 148,000 Cash 18,000 Accounts Payable 130,000 OD. Accounts Payable 130,000 Cash 18.000 Raw Materials Inventory 148,000 Click to select your

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