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g100num [7]
3 years ago
9

Gullett corporation had $44,000 of raw materials on hand on november 1. during the month, the corporation purchased an additiona

l $93,000 of raw materials. the journal entry to record the purchase of raw materials would include a:
Business
1 answer:
Zina [86]3 years ago
4 0

Answer:

Dr Raw materials $93,000

Cr Accounts payable $93,000

Explanation:

Based on the information given we were told that during the month, the corporation had to purchased an additional raw materials of the amount of $93,000 which means that the journal entry to record the purchase of raw materials would include a:

Dr Raw materials $93,000

Cr Accounts payable $93,000

(To record purchase of raw materials)

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