Solved: If purchases of raw materials were 135000 during the year, Accounting Basics

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If purchases of raw materials were 135000 during the year

Problem -

Raw materials inventory, Jan 1, 2011 $32,500

Raw materials inventory, Dec 31,2011 $26,700

If purchases of raw materials were $135,000 during the year, what was the amount of raw materials used during the year?

If raw materials used during the year were $135,000 what was the amount of raw materials purchased during the year?

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Accounting Basics: If purchases of raw materials were 135000 during the year

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Accounting Basics: If purchases of raw materials were 135000 during the year

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