On April 1, Bogdon Corporation had $30,000 of raw materials on hand. During the month, the company purchased an additional $63,000 of raw materials. During April, $76,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $2,000.
-The journal entry to record the purchase of raw materials would include a:
A) debit to Raw Materials of $63,000
B) credit to Raw Materials of $63,000
C) credit to Raw Materials of $93,000
D) debit to Raw Materials of $93,000
Correct Answer:
Verified
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