The journal entry to record the purchase of $45,000 of raw materials is

Name: The journal entry to record the purchase of $45,000 of raw materials is
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Question

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The journal entry to record the purchase of $45,000 of raw materials will involve increasing the inventory (raw materials) account and decreasing the cash account. The correct journal entry would be:

Debit Raw Materials Inventory: $45,000
Credit Cash: $45,000

Option B shows the correct account names and correct debit/credit designations.

The Journal Entry to Record the Purchase of $45,000 of Raw