Purchases of raw materials are debited to the Work in Process Inventory account.

Name: Purchases of raw materials are debited to the Work in Process Inventory account.
Brand: Quizplus
Rating: 4.7 (50 reviews)

Question

Quizplus · Accepted Answer

Purchases of raw materials are typically debited to the Raw Materials Inventory account, not directly to the Work in Process Inventory account. Work in Process Inventory is debited when raw materials are issued from the Raw Materials Inventory for use in production.

Purchases of Raw Materials Are Debited to the Work in Process