Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $75,000 of raw materials. The journal entry to record the purchase of raw materials would include a:

A. debit to Raw Materials of $101,000
B. credit to Raw Materials of $101,000
C. debit to Raw Materials of $75,000
D. credit to Raw Materials of $75,000


Answer: C

Business

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