Carlton Manufacturing Company purchased $65,000 of raw materials on account. The materials will be used to produce furniture. Please provide the journal entry for the purchase of materials.
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Question

Carlton Manufacturing Company purchased $65,000 of raw materials on account. The materials will be used to produce furniture. Please provide the journal entry for the purchase of materials.
 $\begin{array}{|l|l|l|}
 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
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\end{array}$

Quizplus · Accepted Answer

The Answer of Carlton Manufacturing Company purchased $65,000 of raw materials on account. The materials will be used to produce furniture. Please provide the journal entry for the purchase of materials.
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 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
\hline 
\end{array}$

Carlton Manufacturing Company Purchased $65,000 of Raw Materials on Account