In a just-in-time costing system, the entry to record direct material purchases on account would include which of the following?
A) Debit to raw and in process inventory
B) Credit to cash
C) Debit to materials inventory
D) Credit to raw and in process inventory

Question

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The Answer of In a just-in-time costing system, the entry to record direct material purchases on account would include which of the following?
A) Debit to raw and in process inventory
B) Credit to cash
C) Debit to materials inventory
D) Credit to raw and in process inventory

In a Just-In-Time Costing System, the Entry to Record Direct