In job-order costing,the journal entry for $7,200 raw materials requisitioned for use in production is:
$\begin{array} { | c | l | l | }
\hline \text { Raw Materials } & 7,200 & \
\text { Work in Process } && 7,200 \
\hline
\end{array}$

Question

In job-order costing,the journal entry for $7,200 raw materials requisitioned for use in production is:
 $\begin{array} { | c | l | l | } 
\hline \text { Raw Materials } & 7,200 & \
\text { Work in Process } && 7,200 \
\hline
\end{array}$

Quizplus · Accepted Answer

The correct journal entry should debit Work in Process for $7,200 and credit Raw Materials for $7,200, indicating the movement of raw materials into production.