Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the company purchased an addlional $25.000 of raw materials. The journal entry to record the purchase of raw materials would include a: Oa debit to Raw Materials of $101,000 Ob debit to Raw Materials of $75,000 Oc credit to Raw Materials of $75,000 Od. credit to Raw Materials of $101,000

Principles of Accounting Volume 2
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Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the company purchased an addilional
$25.000 of raw materials. The journal entry to record the purchase of raw materials would include a:
O a debit to Raw Materials of $101,000
Ob debit to Raw Materials of $75,000
Oc redit to Raw Materials of $75,000
Od. credit to Raw Materials of $101,000
Transcribed Image Text:Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the company purchased an addilional $25.000 of raw materials. The journal entry to record the purchase of raw materials would include a: O a debit to Raw Materials of $101,000 Ob debit to Raw Materials of $75,000 Oc redit to Raw Materials of $75,000 Od. credit to Raw Materials of $101,000
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