Materials purchased on account during the month amounted to $195,000. Materials requisitioned and placed in production totaled $168,000. From the following, select the entry to record the transaction on the day the materials were bought
A) Materials 168,000Accounts Payable 168,000
B) Materials 195,000Accounts Payable 195,000
C) Materials 195,000Cash 195,000
D) Accounts Payable 195,000Materials 195,000
B
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Dam Good Adventures operates a helicopter tour business near Lake Mead, Nevada. Lake Mead is the site of Hoover Dam. Dam Good has purchased 5 helicopters over the 27 years it has been in business and its mechanic has rebuilt the engines on all of the
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