Soledad corporation had 29000 of raw materials on hand on, Managerial Accounting

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Soledad corporation had 29000 of raw materials on hand on

Soledad Corporation had $29,000 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $75,200 of raw materials. The journal entry to record the purchase of raw materials would include a:

debit to Raw Materials of $75,200

debit to Raw Materials of $104,200

credit to Raw Materials of $75,200

credit to Raw Materials of $104,200

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Managerial Accounting: Soledad corporation had 29000 of raw materials on hand on

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Managerial Accounting: Soledad corporation had 29000 of raw materials on hand on

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