Question : 111. For the manufacturing business, inventory which in the process of : 1246730
111. For the manufacturing business, inventory which is in the process of being manufactured is referred to as: A. supplies inventory B. work in process inventory C. finished goods inventory D. direct materials inventory 112. The proper journal entry to record the purchase of $25,000 of raw materials on account would be: A. Jan 2 Raw Material Inventory 25,000 Accounts Receivable 25,000 B. Jan 2 Raw Material Inventory 25,000 […]