Dakota,Inc.purchased raw materials worth $4,000 on account.The journal entry to record the purchase of raw materials on account is ________.
A) debit Cash, $4,000; credit Raw Materials Inventory, $4,000
B) debit Accounts Payable, $4,000; credit Raw Materials Inventory, $4,000
C) debit Raw Materials Inventory, $4,000; credit Accounts Payable, $4,000
D) debit Raw Materials Inventory, $4,000; credit Cash, $4,000
Correct Answer:
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