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Figure 6-1 The Allen Company Has the Following Information for the Assembly

Question 53

Multiple Choice

Figure 6-1
The Allen Company has the following information for the Assembly Department for October 2016:
Figure 6-1 The Allen Company has the following information for the Assembly Department for October 2016:    -Refer to Figure 6-1. The journal entry to record materials purchased would include a A)  debit to Materials Inventory for $45,000. B)  debit to Materials Inventory for $49,000.  C)  credit to Accounts Payable for $49,000. D)  both b and C
-Refer to Figure 6-1. The journal entry to record materials purchased would include a


A) debit to Materials Inventory for $45,000.
B) debit to Materials Inventory for $49,000.

C) credit to Accounts Payable for $49,000.
D) both b and C

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