Journal entry to record the purchase of raw materials


On April 1, Bachler Corporation had $37,000 of raw materials on hand. During the month, the company purchased an additional $75,000 of raw materials. During April, $88,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $6,000.

The journal entry to record the purchase of raw materials would include a??

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Accounting Basics: Journal entry to record the purchase of raw materials
Reference No:- TGS071685

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