Which one of the following journal entry is recorded when indirect materials are returned by production department to the store? None of these Dr. Materials inventory Cr. Factory overhead Dr. Material inventory Cr. Accounts payable Dr. Work in process Inventory Cr. Factory overhead

Which one of the following journal entry is recorded when indirect materials are returned by production department to the store? None of these Dr. Materials inventory Cr. Factory overhead Dr. Material inventory Cr. Accounts payable Dr. Work in process Inventory Cr. Factory overhead

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 12MC: In a job order cost system, raw materials purchased are debited to which account? A. raw materials...

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Which one of the following journal entry is recorded when indirect materials are
returned by production department to the store?
None of these
Dr. Materials inventory Cr. Factory overhead
Dr. Material inventory Cr. Accounts payable
Dr. Work in process Inventory Cr. Factory overhead

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