contestada

The journal entry to record the requisition of direct materials for new jobs started during the period is: A. Work-In-Process Inventory xxx Materials Inventory xxx B. Materials Inventory xxx Purchases xxx C. Cost of Goods Sold xxx Finished Goods Inventory xxx D. Finished Goods Inventory xxx Work-In-Process Inventory xxx

Respuesta :

Answer:

A. Work-In-Process Inventory xxx Materials Inventory xxx

Explanation:

The journal entry to record the requisition of direct material is shown below:

Work in process inventory Dr XXXXX

              To Material inventory XXXXX

(Being the requisition of the direct material is recorded)

While recording this entry we debited the work in process inventory and credited the material inventory so that the proper posting could be done  

Otras preguntas