If a manufacturing company acquires raw materials, to what account is the cost of raw materials purchased debited?

Name: If a manufacturing company acquires raw materials, to what account is the cost of raw materials purchased debited?
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Question

Quizplus · Accepted Answer

The cost of raw materials purchased is debited to the Raw Materials Inventory account. This is because, when raw materials are acquired, they become a part of the company's inventory until they are used in the manufacturing process.

If a Manufacturing Company Acquires Raw Materials, to What Account