Soledad Corporation had $22,100 of raw materials on hand on December 1. During t

Question

Soledad Corporation had $22,100 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $82,100 of raw materials. The journal entry to record the purchase of raw materials would include a:

credit to Raw Materials of $82,100

debit to Raw Materials of $82,100

credit to Raw Materials of $104,200

debit to Raw Materials of $104,200

Soledad Corporation had $22,100 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $82,100 of raw materials. The journal entry to record the purchase of raw materials would include a:

Explanation / Answer

Soledad Corporation had $22,100 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $82,100 of raw materials. The journal entry to record the purchase of raw materials would include a:

answer is

debit to Raw Materials of $82,100

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