In a job costing system the accounting entry to record the use of raw materials is:
A) debit to raw materials inventory; credit to work in process
B) debit to accounts payable, credit to raw materials inventory;
C) debit to work in process; credit to raw materials inventory
D) debit to work in process; credit to accounts payable

Question

Quizplus · Accepted Answer

The correct entry to record the use of raw materials in a job costing system is to debit the Work in Process account, which increases the cost of the job, and credit the Raw Materials Inventory account, which decreases the inventory of raw materials.

In a Job Costing System the Accounting Entry to Record