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The correct journal entry to record the transfer of $120,000 of raw materials into production is: a. Direct Materials Expense 120,000 Work-In-Process Inventory 120,000 b. Work-In-Process Inventory 120,000 Accounts Payable 120,000 c. Work-In-Process Inventory 120,000 Raw Materials Inventory 120,000 d. Accounts Payable 120,000 Direct Materials Expense 120,000

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91975133

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